Steffy Bogdanova
LeapRate Analyst

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
fca warning
June 16, 2020 BY Steffy Bogdanova

BillionsFX, Investpedia and others added to FCA warning list

BillionsFX Telephone: +447933140942 Website: https://www.billionsfx.co.uk Investpedia Address: 13 Finsbury, London, NW2 50Q Email: [email protected] Website: www.investpedia.co.uk Retire Young FX Email: [email protected] Website: https://www.retireyoungfx.com Instagram: @retireYoungFX; @Iamsulaymanahmed HW Securities Address: Unit A & B 19/F United Centre, 95 Queensway, Hong Kong; 77 Sir John Rogerson's Quay, Grand Canal Dock, Dublin, Ireland, D02 VK60; Millennium Tower, Osloer…

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IEX launches gas trading platform in India
June 15, 2020 BY Steffy Bogdanova

IEX launches gas trading platform in India

Rajiv Srivastava, Managing Director and CEO, IEX and Director, IGX commented: It is a proud moment for us to launch Indian Gas Exchange. IEX, over the last 12 years has successfully furthered government’s agenda of 24 x7 power for all through technology-led electricity markets. We now endeavour to build gas markets in the country to…

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BGC Partners’s subsidiary GFI with joint venture company in China
June 15, 2020 BY Steffy Bogdanova

American Express receives China network clearing license

American Express’ joint venture with Chinese fintech services company Lianlian DigiTech Co., Ltd, has already set up a network to clear domestic transactions charged on American Express cards. It is also compatible with the essential mobile wallet players in China. Stephen J. Squeri, CEO of American Express said: We are pleased to be the first…

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Canadian regulator BCSC warns against Highgoldminings.com, Crypto Hallmark Investment and others
June 15, 2020 BY Steffy Bogdanova

Canadian regulator BCSC warns against Highgoldminings.com, Crypto Hallmark Investment and others

Cryptominas is based in Canada and offers an automated platform that allows investors to earn profits daily with different investment plans in cryptocurrency trading. However, the company does not appear to be registered to trade in BC. Crypto-ct.com (Crypto-ct) is based in Asia and offers an online cryptocurrency trading platform. A crypto trading platform may…

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Societe Generale
June 15, 2020 BY Steffy Bogdanova

ASIC places new licence conditions on Societe Generale

The Australian regulator has requested that SocGen to appoint an independent expert to assess and test its controls, systems and processes to ensure compliance and identify any deficiencies and set out any remedial action. The additional AFS license conditions also require SocGen to provide attestations from a qualified senior executive and a board member that…

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FCA investigates Coronavirus scams
June 15, 2020 BY Steffy Bogdanova

Broker defrauds seniors out of nearly $1 million

Justin Jeffries, Associate Regional Director for the SEC's Atlanta Regional Office said: Far too often, veterans and seniors who depend on their investments for retirement income are targeted by fraudulent schemes. As alleged in our complaint, Stow took advantage of these seniors, abusing his access to their brokerage accounts to generate income for himself. The…

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April payments numbers collapse
June 15, 2020 BY Steffy Bogdanova

April payments numbers collapse

The New Zealand numbers for April are even worse with 52% decline in payments, affecting every Australian company doing business in New Zealand. Reviewing Australian fintech institution Tyro’s weekly statement to the ASX, the volumes have been steady since early April. However, many market participants report  that eCommerce payments have surged to unprecedented levels which…

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Online marketplace Trustify Inc. and its founder charged in $18.5 million fraud
June 12, 2020 BY Steffy Bogdanova

SEC stops Covid-19 microcap fraud scheme

Paul Levenson, Director of the SEC’s Boston Regional Office commented: Microcap stocks can be particularly vulnerable to manipulative schemes, and investors should be alert to the heightened risks that exist during this national emergency. The SEC will continue to act quickly to protect investors from investment scams, including those seeking to capitalize on the COVID-19…

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