SEC Chair Mary Jo White, after nearly four years as the agency’s head, has announced that she intends to leave at the end of the Obama Administration. Under Chair White’s leadership, the Commission strengthened protections for investors and the markets through transformative rulemakings that addressed major issues highlighted by the financial crisis. The Commission also…
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Through his 50+ years of investing, Warren Buffett has put his money into quite a variety of businesses and industries. However no sector in which he has dabbled has seemed to draw the Oracle of Omaha's ire as does airlines. Buffett and his Berkshire Hathaway Inc. (NYSE:BRK.B) had one previous dalliance with airline investing and it…
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Spurred by the growing and often contradictory cybersecurity regulatory burden facing companies, Thomson Reuters, Pillsbury and FireEye have formed an industry-first collaboration to help corporations meet new regulations and manage risk related to cybersecurity. This alliance affords institutions expertise and resources from a holistic, multi-pronged approach to cybersecurity risk assessment and due diligence that combines…
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Former financial adviser, Mr Darren John Wise, has been sentenced in the Maroochydore District Court to seven years imprisonment on charges brought by ASIC. Mr Wise will be eligible for parole after serving 20 months. Mr Wise, formerly of Rhodes NSW, had earlier pleaded guilty to one count each of forgery, using forged documents and…
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Shares of Australia based OFX Group Ltd (ASX:OFX) tumbled 17% on Tuesday to a new all time low of AUD $1.34, after the online international payment services company reported First Half 2017 results which disappointed investors. OFX Group provides services under the brands OzForex, UKForex, CanadianForex, USForex, NZForex, Tranzfers and ClearFX. The company has a March 31…
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Continuing a theme of Retail Forex brokers focusing on sponsoring leading sports personalities, CySEC, FCA and ASIC regulated XM.com has announced that the world's fastest man - nine-time Olympic gold medal winner Usain Bolt of Jamaica - will be a brand ambassador for the company for the next three years. XM.com put out the following…
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Goldmoney (OTCMKTS:XAUMF) one of the world’s leading providers of physical gold, silver, platinum and palladium for private and corporate customers, allowing users to buy precious metals online announced today they have cut their fees in half. The company stated the growth of Goldmoney Network revenue has allowed them to reinvest in its users, to reduce…
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Ullink, the global provider of electronic trading and connectivity solutions to the financial community, and Alpha Omega, a provider of post-trade technology, today announced a strategic partnership focusing on post-trade services for the buy-side. The partnership results in a combined offering, NYFIX Matching, which integrates Alpha Omega’s suite of post-trade solutions with NYFIX’s connectivity and…
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Institutional FX execution services and data analytics company Cürex Group announced today two senior hirings to its management ranks. Ron Papka (pictured above) has been named a Managing Director focusing on the development of data analytics and trading tools. Justin Brill has also joined Cürex as a Managing Director, focusing on business development. Cürex Group also recently…
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Vela Trading Technologies, a high performance trading and market data technology provider, today announced the appointment of two additions to the senior management team, Brian Cassin and Ollie Cadman. Providing leadership across North America, EMEA and APAC, Brian and Ollie will serve as joint heads of product and strategy. Reporting to Vela's CEO Jennifer Nayar, Brian…
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