Whistleblower
July 19, 2021 BY Steffy Bogdanova

Whistleblower receives more than $1 million from SEC

So far, the agency has awarded over $939 million to a total of 182 individuals since the first award was issued in 2012. Payment of the awards is taken out of an investor protection fund set up by Congress. It is financed through monetary sanctions of security law violations paid to SEC. To be eligible…

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Forex Weekly Look Back
July 16, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: X Open Hub’s Sylwester Jezierski discusses changes in the industry, FP Markets adds more than 500 share CFDs

With the emerging new requirements in the investment ecosystems, it is important for brokerages to keep up with the digital age. Software company Devexperts in cooperation with Turkish broker Global Securities released a number of updates for the BayGlobal trading platform. Users on BayGlobal can now listen to live broadcasts of Global’s financial analysts. Every…

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LMAX Group
July 15, 2021 BY Steffy Bogdanova

J.C. Flowers & Co buys 30% stake in LMAX Group

David Mercer, CEO, LMAX Group, commented: This is a significant milestone in the evolution of LMAX Group that vindicates our industry-leading business model and the role we have to play in the foreign exchange and crypto currency markets of the future. Not only have we identified a like-minded partner in J.C. Flowers who understands global…

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SEC fraud
July 15, 2021 BY Steffy Bogdanova

SEC brings charges against an ICO listing website

According to SEC, many ICOs listed on Coinschedule.com appear in its DAO Report published in 2017, warning that: “coins sold in ICOs may be securities and that those who offer and sell securities in the U.S. must comply with federal securities laws.” SEC revealed that Blotics has agreed to cease and desist from future violations…

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daily market analysis
July 15, 2021 BY Steffy Bogdanova

Daily market commentary: Gold is rising, continuing the momentum

GOLD Gold is rising, continuing the momentum of the previous session when the precious metal gained more than 1% following Jerome Powell’s testimony to Congress where he defended the continuation of the current Fed’s accommodative policies to support the economic recovery and described inflationary pressures as a temporary issue. Such remarks penalised the dollar, cancelling…

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