Jae A. Evans, Chief Executive Officer of Isabella Bank Corporation (OTCQX:ISBA), just announced that the Board of Directors at its December 21, 2016 Board meeting approved a resolution to increase its share repurchase program by an additional 200,000 shares, raising the aggregate authorization under the program to 209,557 shares. The Corporation has repurchased to date…
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Financial Services Superintendent Maria T. Vullo announced that the New York State Department of Financial Services (DFS) has updated its proposed first-in-the-nation cybersecurity regulation to protect New York State from the ever-growing threat of cyber-attacks. The proposed regulation, which will be effective March 1, 2017, will require banks, insurance companies, and other financial services institutions…
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The Securities and Exchange Commission (SEC) announced that a Florida-based businessman has agreed to settle charges that he misused investor funds intended to create U.S. jobs through the EB-5 Immigrant Investor Program. The SEC alleges that Jason Adam Ogden, the CEO of a pair of smoothie and frozen yogurt franchises called Juiceblendz and Yoblendz, formed…
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U.S. forex and futures regulator, the Commodity Futures Trading Commission (CFTC), has filed a civil enforcement action in the U.S. District Court for the Southern District of New York, charging Brett G. Hartshorn of Sarasota, Florida, with fraudulently soliciting and/or managing at least $906,000 from retail clients to invest in off-exchange forex transaction. Mr. Hartshorn…
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The Saudi stock Exchange Tadawul announced plans to launch Nomu - Parallel Market on February 26, 2017, following the Capital Market Authority’s (CMA) announcement of issuing the Parallel Market Listing Rules published last Thursday. Launching Nomu - Parallel Market is a step towards fulfilling Tadawul’s plans to further develop the capital market. It is also…
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Europe based brokerage Admiral Markets just announced that are introducing their new Order execution quality page which will help traders find key information about the benefits of Admiral Markets in terms of execution quality, supported by the statistics on all executed market orders for the previous calendar year. This is the first time Admiral Markets…
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As retail forex brokers work hard to differentiate their offerings to clients - especially when it comes to new clients and novice traders - offering high quality trader education has become an increasingly important tool. We're pleased to present our recent conversation with CySEC regulated FXTM Head of Education Andreas Thalassinos on the topic. Mr. Thalassinos has been…
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International forex and CFDs brokerage Blackwell Global announced today the acquisition of 2 new licences issued by the Security and Futures Commission (SFC; Securities Licence No. BGX296 and Futures Licence No. BGX460.) in Hong Kong, permitting the brokerage to offer securities and futures contracts to both Hong Kong and international investors. Following the licence approvals,…
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The AMF is publishing a list of new websites offering binary options trading, for which no authorized investment services provider could be clearly identified. Here is the list of new websites recently identified: www.atos-limited.co.uk www.boursotrad.com www.brookfield99.com www.chs-fnds.com www.colonus-hedging.com www.comexpartners.com www.lesoptionsduweb.com www.londonglobalmarkets.com www.tradobourse.com www.silverbinary.com A list of all unauthorized sites to offer trading of binary options…
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Hong Kong Exchanges and Clearing Limited (HKEX) just announced it will implement the Volatility Control Mechanism (VCM) in its derivatives market on 16 January 2017. The rollout was deferred on 13 November 2016 when a technical issue was identified during the final preparation. All necessary analysis and follow-up to resolve the technical issue have been…
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