MAS Monetary Authority of Singapore
February 15, 2017 BY Valentina Kirilova

Monetary Authority of Singapore announces faster approvals and lower requirements for venture capital managers

The Monetary Authority of Singapore (MAS) published a consultation paper proposing a simplified authorisation process and regulatory framework for managers of venture capital funds (VC managers). The move is part of MAS’ broader efforts to promote financing for enterprise development. VC managers are an essential component of the start-up eco-system. They provide capital and expertise…

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gold
February 15, 2017 BY Valentina Kirilova

Gold scam in the form of $4 million Ponzi scheme unveiled by CFTC

The U.S. Commodity Futures Trading Commission (CFTC) announced the filing of a federal civil enforcement action in Florida charging Defendants Carlos Javier Ramirez, Gold Chasers, Inc., and Royal Leisure International, Inc., all with last known addresses in Orlando, Florida, with misappropriating customer funds and engaging in fraudulent sales solicitations in connection with the purported purchase…

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February 15, 2017 BY Valentina Kirilova

Bats One Premium market data now available through FactSet

Bats Global Markets (Bats:BATS) announced that its Bats One Premium market data product is now available for distribution across numerous FactSet products and platforms. FactSet, a global provider of integrated financial information, analytical applications and industryleading service, this month became the first distribution partner to offer this new product. Bats One Premium features five levels…

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February 15, 2017 BY LeapRate Staff

Morgan Stanley increases position in CFD broker Plus500 to 6.5%

LeapRate Exclusive... It looks like a number of heavy hitters are betting on a comeback in the share price of CFD broker Plus500 Ltd (LON:PLUS). Plus500 shares, and those of other leading UK online brokers including IG Group Holdings plc (LON:IGG) and CMC Markets Plc (LON:CMCX), were hit hard late last year following new proposed rules unveiled…

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fma warns against unregulated company
February 15, 2017 BY Valentina Kirilova

Belize regulator IFSC warns on Trendtino Limited firm

The International Financial Services Commission of Belize (IFSC) has notified that Trendtino Limited, an international business company with its registered office at No. 2 Mapp Street, Belize City, Belize C.A, is offering Payment Processing Services on its website, https://schonpay.com/ without a licence from the IFSC. Trendtino Limited is therefore directed to cease and desist from…

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February 15, 2017 BY Valentina Kirilova

ASIC cancels AFS licence of Sovereign MF Ltd (in liquidation)

ASIC has cancelled the Australian Financial Services (AFS) licence of Sovereign MF Ltd (in liquidation) ACN 104 964 555. Sovereign is the responsible entity for The Sovereign Tarneit Land Fund and The Sovereign Aged Care Property Fund (the Schemes). Sovereign was placed into liquidation on 24 May 2013 following a creditors' resolution on the basis…

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February 14, 2017 BY admin

Pragma announces new block trading and pairs capabilities for Pragma360

Pragma, a New York based multi-asset class, quantitative trading technology provider, announced it has added two significant capabilities to Pragma360 Equities, its high performance algorithmic trading service, with the release of conditional orders and Pairs 2.0. Conditional orders are an increasingly popular specialized electronic trading protocol to source large blocks, helping traders ensure they don’t…

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admiral markets etfs
February 14, 2017 BY admin

Admiral Markets announces 26 new EU stock CFDs

EU and FCA regulated broker Admiral Markets has recently expanded the range of instruments in the 'Admiral.Markets' account, by adding 26 new CFDs on the most actively traded European shares which constitute the Euro STOXX 50 index. The offer includes: New trading and investment opportunities with some of the most popular bluechips of the developed…

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Morgan Stanley fine
February 14, 2017 BY LeapRate Staff

Morgan Stanley pays $8 million SEC fine for Inverse ETF recommendations

The U.S. Securities and Exchange Commission has announced that the Morgan Stanley Smith Barney unit of investment bank Morgan Stanley (NYSE:MS) has agreed to pay an $8 million penalty and admit wrongdoing to settle charges related to single inverse ETF investments it recommended to advisory clients. The SEC’s order finds that Morgan Stanley did not…

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