October 24, 2016 BY Valentina Kirilova

OSC unveils OSC LaunchPad, a first for Canada

The Ontario Securities Commission has unveiled OSC LaunchPad, the first dedicated team by a securities regulator in Canada to help fintech businesses navigate securities law requirements and accelerate time-to-market. OSC LaunchPad will provide direct support to eligible new and early-stage fintech businesses that provide innovative services, products and applications of benefit to investors. The support…

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October 24, 2016 BY Valentina Kirilova

Hong Kong SFC adds Pacific Alliances 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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October 24, 2016 BY Valentina Kirilova

Spreadex adds 'Price Alerts' to desktop platform

FCA regulated financial spread betting company Spreadex has announced the addition of Price Alerts to its desktop platform. By setting a Price Alert, Spreadex's clients can receive an email, text or platform notification whenever a market reaches a level specified by them. Price Alerts will also be rolled out to Spreadex's mobile platform in the…

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October 24, 2016 BY Valentina Kirilova

Broadridge announces leadership changes to its Mutual Fund and ETF Trade Processing Division

Financial technology provider Broadridge Financial Solutions, Inc. (NYSE:BR) has announced the appointment of Cindy Dash to General Manager and John Moody to Chief Solutions Officer at Matrix Financial Solutions, Broadridge’s Mutual Fund and ETF Trade Processing division. Ms. Dash, who has been serving in this role for the past year, will guide and execute the…

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fcstone fine
October 24, 2016 BY Valentina Kirilova

INTL FCStone Ltd's GPD enhances FXecute payments platform

INTL FCStone Inc. (NASDAQ: INTL) has announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division (GPD), has enhanced its proprietary FXecute global payments technology platform with the addition of streamlined functionality that bridges its clients' foreign exchange and payments services. FXecute is INTL FCStone Ltd's proprietary global payments platform that provides clients with a…

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October 24, 2016 BY Valentina Kirilova

FCA warns on Treasury Advisory Group 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 Treasury Advisory Group. Treasury Advisory Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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sec building
October 24, 2016 BY Valentina Kirilova

SEC charges board member with insider trading during and after board meeting

The Securities and Exchange Commission (SEC) has charged a Tennessee-based lawyer who served on the executive committee of the board of directors at Nashville-based Pinnacle Financial Partners with insider trading based on nonpublic information he learned about an impending merger. The SEC alleges that James C. Cope obtained more than $56,000 in ill-gotten gains by purchasing…

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Deutsche Börse
October 24, 2016 BY Valentina Kirilova

Deutsche Börse announces four new iShares smart beta ETFs launched on Xetra

Deutsche Börse has announced that four new iShares equity index ETFs from BlackRock's product offering have been tradable via Xetra and Börse Frankfurt since Monday. Name: iShares Edge MSCI USA Size Factor UCITS ETF Asset class: equity index ETF ISIN: IE00BD1F4K20 Total expense ratio: 0.2% Distribution policy: accumulating Benchmark: MSCI USA Mid-Cap Equal Weighted Index…

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