TMX Group
March 24, 2020 BY Steffy Bogdanova

Toronto Stock Exchange and TSX Venture Exchange to take relief measures for listed insurers in response to Covid-19

Loui Anastasopoulos, President, Capital Formation, TMX Group said: The profound impacts of the COVID-19 crisis are being felt across all industries and companies, including emerging and established listed companies in Canada and around the world. Public companies play a vital role in the success and long-term viability of Canada's economy and constitute a crucial segment…

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March 24, 2020 BY Steffy Bogdanova

SEC temporarily allows additional flexibility to investment companies affected by Covid-19

Chairman Jay Clayton commented: Today’s temporary action will provide an additional tool that funds can use to manage their portfolios for the benefit of their investors in the current market environment. This action provides funds with additional flexibility to navigate volatile markets while meeting their obligations to investors. The temporary flexibility is a latest step…

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Whistleblower
March 24, 2020 BY Steffy Bogdanova

Whistleblower awarded $1.6 Million

Jane Norberg, Chief of the SEC’s Office of the Whistleblower commented: The violations would have been difficult to detect without the whistleblower’s information and assistance. This matter highlights the importance of the SEC’s whistleblower program to the agency’s enforcement efforts and to its ability to maximize staff resources. So far, the agency has awarded over…

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fca warning
March 24, 2020 BY Steffy Bogdanova

Grandefex, Assured Finances, Purple Finance Cards and others added to FCA warning list

Grandefex Address: Cnr Old and Church Street, P.O. Box 2290, Roseau, Commonwealth of Dominica and Muelle de Barcelona, edif. Sur, 2ª Planta, Barcelona, Cataluña, 08039, Spain Telephone: +44 203 912 1385 Email: [email protected] Website: https://grandefex.com Assured Finances Address: 2 Hardman Square, Spinningfields, Manchester, M3 3EB Telephone: 0161 505 1854, 1161 850 0797 Email: [email protected] Website:…

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Japan
March 23, 2020 BY Steffy Bogdanova

Japan considers spending ¥30 trillion to counter coronavirus impact

During the 2008 global financial crisis, caused by the implosion of US housing market, Japan released packages for over ¥15 trillion to combat the financial crisis. Liberal Democratic Party policy chief Fumio Kishida said: We need more drastic measures. Policy chief at Komeito, the LDP’s coalition partner, Noritoshi Ishida suggested granting fixed amount without setting…

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March 23, 2020 BY Steffy Bogdanova

Deutsche Börse launches TAIFEX data product to market data offering

Alireza Dorfard, Head of Data Services at Deutsche Börse commented: The product launch marks another milestone in the successful market data partnership between Deutsche Börse and TAIFEX. Under the partnership, which has been in place since 2016, Deutsche Börse acts as licensor of TAIFEX market data to all international clients. Clients can conveniently access data…

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Goldman Sacks supports money market funds with $1 billion
March 23, 2020 BY Steffy Bogdanova

Goldman Sachs spends $1 billion to support money market funds

The assistance came as an extraordinary move in the staid money-market fund industry after another week of volatile markets. Goldman’s plans were disclosed to the US Securities and Exchange Commission last Friday. Investors in the US withdrew tens of billions of dollars from prime money-market funds, which buy top-rated corporate debt. Usually, the are tame…

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fca warning
March 20, 2020 BY Steffy Bogdanova

New companies and clone firms added to FCA warning list

CCX Markets/ Online Media Solutions LTD Address: 3 Cavendish Row, Dublin 1 D01A2T5, Ireland and Suite 305, Griffith Corporate Centre P.O. Box 1510, Beachmont Kingstown, St. Vincent and Grenadines Telephone: +442038077885 Email: [email protected] and [email protected] Website: https://www.ccxmarkets.com Trafalgar Group (clone of UK registered public company) Telephone: 08708200071; 0845528061; 07469889888; +13232757293; +79670963187; +74996851810 Email: [email protected]; [email protected]

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