December 19, 2014 BY Mike Fox

UK Unauthorized Broker Warnings: NetCFD / Centaure Capital Partners & FXNTrade

The latest potential broker frauds capturing the UK FCA's attention is that of a company calling itself NetCFD/Centaure Capital Partners and also FXNTrade. The FCA believes these firms have been providing financial services or products in the UK without authorisation. Nowhere on the NetCFD and FXNTrade company websites does it mention anything about regulation, which should ring the…

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December 19, 2014 BY Mike Fox

Serious Fraud Office arrests former London trader

British national daily newspaper the Guardian is reporting late this Friday afternoon that the UK's top fraud prosecutor has arrested a former City trader in relation to its criminal investigation into whether individual traders rigged the $5.3tn-a-day FX market. The Serious Fraud Office confirmed that it had arrested a man in Billericay, Essex, today with the help of the City of…

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