FINRA's 2018 volume tops 2017 activity by 87%
March 31, 2017 BY Valentina Kirilova

FINRA's rule proposal addressing financial exploitation of seniors approved by SEC

The Securities and Exchange Commission (SEC) has approved FINRA’s rule proposal addressing financial exploitation of seniors. FINRA today issued Regulatory Notice 17-11 announcing a February 5, 2018 effective date for the rule proposal. The changes approved by the SEC involve two key steps to protect investors: firms will be required to make reasonable efforts to…

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March 31, 2017 BY Valentina Kirilova

Citibank refunds $5 million in credit card international transaction fees

Citigroup Pty Limited has refunded approximately $5 million to around 230,000 customers, for failing to properly disclose that credit card international transaction fees apply to Australian dollar transactions where the merchant uses an entity based overseas to process its transactions. In early 2016, Citibank began charging international transaction fees for Australian dollar transactions made with…

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SGX announces trading volumes
March 31, 2017 BY Valentina Kirilova

SGX files complaint against CEO of China Fibretech

Singapore Exchange (SGX) has filed complaints with authorities in China against Wu Xinhua, Executive Chairman and CEO of SGX-listed China Fibretech Ltd. The complaint was made against Wu in relation to several alleged offences under the Chinese Penal Code. The complaint was filed through lawyers appointed in both Singapore and China who have been advising…

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March 31, 2017 BY Valentina Kirilova

FCA warns against Cartwright & Blyth Associates firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Cartwright & Blyth Associates. Cartwright & Blyth Associates is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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March 31, 2017 BY LeapRate Staff

SEC freezes assets of Pastor Larry Holley charged with defrauding retirees

The U.S. Securities and Exchange Commission (SEC) today announced fraud charges and an emergency asset freeze obtained against a Michigan-based pastor accused of exploiting church members, retirees, and laid-off auto workers who were misled to believe they were investing in a successful real estate business. The SEC alleges that Larry Holley, the pastor of Abundant…

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March 31, 2017 BY admin

Trading platform ChartIQ enables support for Angular, Angular 2 and React

Data visualization and HTML5 trading platform provider ChartIQ has announced version 3.0 for its Charting Library. This release features direct support for Angular, Angular 2, and React to developers who want to add advanced charting capabilities to their projects. Developers can now access native components in their "framework of choice" saving time, effort, and hopefully any potential…

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sfc warning
March 30, 2017 BY Valentina Kirilova

Hong Kong SFC adds www.anxinv.com to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…

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