The review found that some procedures in place in both FREP and BaFin could use some improvement, as well as the selection and examination of issuers. The review also identified independence and conflict of interests in FREP and cooperation issues between the two authorities. ESMA invited BaFin and the European Commission to investigate whether the…
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The key findings of the WFE survey include: Exchanges continue to develop sustainability efforts through the WFE Sustainability Principles. Among the exchanges participating in the survey, 41% had initiatives that correspond to all five Sustainability Principles. Almost 90% of the exchanges saw investor demand for ESG disclosure, of which 29% believed demand to be extensive.…
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Ed Tilly, Chairman, President and Chief Executive Officer of Cboe Global Markets, said: As the pioneer of the VIX Index and volatility trading, Cboe is pleased to further expand our VIX product suite with a mini contract that aims to bring VIX futures trading to a larger universe of investors and serve a variety of…
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The New Zealand watchdog found that Stark Markets appears to not be a registered financial service provider in New Zealand. The British Colummbia Securities Commission of Canada found that the website https://starkmarkets.com and its associated entities are named as “StarkMarkets, operated by SWISSGEMS Ltd. and Krisimark Ltd”. FMA also discovered that Libra Markets is not a registered…
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Gary Thomson, Chief Operating Officer of FXOpen UK commented: It’s an exciting time for FXOpen UK. We are delighted to expand our presence in Europe, which alongside the UK, is our key target market. An injection of capital into the business has enabled us to continue our expansion plans, which means regardless of any potential…
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So far, the agency has awarded over $505 million to 87 individuals for their help 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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Paysafe and Monrose’s collaboration will first roll out in France and will extend the service in 11 more countries over the next few months including Austria, Belgium, Bulgaria, Germany, Italy, Luxembourg, the Netherlands, Poland, Portugal, Romania and Spain. Norris Koppel, Founder and CEO of Monese, commented: Since the very beginning, our vision for Monese has…
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FD’s strategy for business growth will be supported by the appointment of Seifert. His board sector experience will assist the company’s efforts to advance the adoption of the Group’s Kx streaming analytics technology platform in sectors adjacent to and outside of its capital markets heritage. Thomas Seifert commented: FD is an exciting company with market-leading…
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CFTC Director of Enforcement James McDonald said: This case underscores, once again, that the Commission will continue working with our regulatory partners to ensure the integrity of our markets, including those involving digital assets. Rooting out misconduct is essential to furthering the responsible development of these innovative financial products. The CFTC found that between December…
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Tatibouet continued: Our users can head over to ‘Short-term Options’ under ‘Derivatives’ on the website to start trading Options. The handling fee for Options is flat 0.05%, which is one of the lowest in the market, and there are no other hidden costs associated. The company stated that the BTC/USDT options trading is only available…
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