March 30, 2016 BY Maria Nikolova

Binary Options Scam Watch – British Columbia regulator warns against Central Option

The British Columbia Securities Commission (BCSC) continues to add companies to its Investment Caution List, which includes the names of unregistered brokers unlawfully targeting British Columbia investors or falsely claiming to be associated with the Canadian province. The latest addition to the Investment Caution List is Central Option, a binary options broker offering its services…

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March 30, 2016 BY Maria Nikolova

Retail Forex remains area of focus for ASIC

Australian Securities & Investments Commission (ASIC) today published its enforcement report for the period July 1, 2015 to December 31, 2015, outlining key results of its enforcement activities and areas of focus for the future. Retail margin Forex trading, as well as poor organisational culture in the financial services industry, are amid the key focus…

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March 29, 2016 BY Maria Nikolova

Belize's financial watchdog issues warning against FX firm ATS Markets

The International Financial Services Commission of Belize (IFSC) has earlier today issued a warning against ATS Markets, a Forex firm falsely claiming to be regulated by the watchdog. The website of the FX firm in question, https://ats-markets.com/, says that “ATS Markets is a trading name of ATS Markets Global Ltd, registered in Belize”. The regulator…

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March 29, 2016 BY Maria Nikolova

Celeste Koeleveld joins New York DFS as General Counsel

The New York Department of Financial Services (DFS) today announces the appointment of Celeste Koeleveld as General Counsel. Ms. Koeleveld will lead DFS’s Office of General Counsel and will be responsible for all legal matters in the agency, reporting directly to the Superintendent. Ms. Koeleveld brings 25 years of experience in significant positions in public…

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March 29, 2016 BY Maria Nikolova

ICAP gains bondholders consent for proposed deal with Tullett Prebon

A follow-up to LeapRate’s earlier report about the proposed acquisition of the global hybrid voice broking and information business of ICAP plc (LON:IAP) by Tullett Prebon Plc (LON:TLPR)… After securing the approval of shareholders for the proposed deal, ICAP plc and ICAP Group Holdings plc today gained a nod of consent from the holders of the £125,000,000…

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March 29, 2016 BY Maria Nikolova

FXPRIMUS comments on revocation of Mauritius licenses

The Financial Services Commission (FSC) of Mauritius has earlier this week published a set of notices regarding retail Forex broker FXPRIMUS, including an announcement about the revocation of the company's Investment Dealer (Currency Derivatives Segment) Licence, Investment Dealer (Full Service Dealer excluding Underwriting) Licence and Category 1 Global Business Licence. The regulator said the licenses…

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March 29, 2016 BY Maria Nikolova

FxNet removes Bitcoin from offering

CySEC-regulated Forex and CFD broker FxNet today announced that it is removing Bitcoin from the lineup of trading products. The company added Bitcoin to its offering in August last year, with Bitcoin being listed amid CFDs on shares. FxNet said that starting from today – March 29, 2016, opening new positions with Bitcoin will be…

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March 29, 2016 BY Maria Nikolova

Russia's KROUFR blacklists Forex broker EU Broker Age

Russia’s Commission for the regulation of relations in the financial market (KROUFR) has just added one more suspicious entity to its “Black List”. The latest addition to the list of companies is EU Broker Age, operating via https://eubrokerage.com/ru/. KROUFR notes that the certificates published on the broker's website, including a certificate about KROUFR membership, are…

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March 29, 2016 BY Maria Nikolova

Italian regulator warns against Trade12/Exo Capital Markets

Italy's financial markets regulator Consob has just issued one more warning against an unauthorized investment services provider. The regulator today warned against Forex broker Trade12, offering its services via www.trade12.com. The company claims to be operated by Exo Capital Markets Ltd, a company incorporated in the Marshall Islands with Registration Number 68798. The processing services…

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