Today the UK Financial Conduct Authority put out details of the cloned firm Kaufman Franz Wealth Management. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. The clone firm are using or giving out the following details as part of…
Read moreMasterCard's chief executive Ajaypal Singh Banga has been presenting the company's second quarter results and meanwhile shared Wall Street analysts that the two respective giants of the offline and online payments markets were exploring a possible link-up that would ease some of the competitive tension that has built up between the two as PayPal continues to build…
Read moreOTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, has announced that Canada's largest domestic and international airline, Air Canada (TSX: AC; OTCQX: ACDVF), has qualified to trade on the OTCQX® Best Market. Air Canada begins trading today on OTCQX under the symbol ACDVF. More information on disclosure and…
Read moreThe European Securities and Markets Authority (ESMA) has prolonged the application deadline by four weeks for its call for candidates for its Group of Economic Advisors (GEA), an expert stakeholder group which assists ESMA's Committee for Economic and Markets Analysis (CEMA). ESMA is inviting candidatures for the GEA's next term for the period of October…
Read moreOn May 11, 2016, the Companies Auditors and Liquidators Disciplinary Board (CALDB) delivered its decision to cancel the registration of Sydney liquidator, Mr Randall Clinton Joubert. ASIC successfully contended before CALDB that, while conducting five liquidations, four of which had been referred to him by the same accountant, Mr Joubert failed to adequately and properly…
Read moreA new active ETF issued by Commerz Funds Solutions S.A., a Commerzbank Group management company, has been tradable on Xetra and Börse Frankfurt since Friday. ETF name: ComStage Alpha Dividende Plus UCITS ETF Asset class: equity index ETF ISIN: DE000ETF7508 Total expense ratio: 0.68% Distribution policy: distributing The ComStage Alpha Dividende Plus UCITS ETF gives…
Read moreFollowing previous announcement, the Cyprus Securities and Exchange Commission has announces that the authorisation of the Cyprus Investment Firm AirFinance Pro Ltd (operating a number of binary options brokerage brands including BuzzTrade, CFD Royal, Uptrade7 and Investing Area), with number 206/13, will continue as suspended until September 16, 2016, pursuant to section 26(3) of the Investment…
Read moreThe Financial Services and Markets Authority (FSMA) of Belgium has updated its list of unauthorized investment businesses by issuing 10 more warnings to the public against the activities of various “boiler rooms” and "recovery rooms". Although the boiler rooms often claim to be an authorized service provider with a professional website and forms to fill out,…
Read moreThe Malta Financial Services Authority (MFSA) has warned the general public, in particular retail investors regarding the sale of contracts for differences (CFDs), binary options and other speculative products and the various risks associated with such products. ESMA has noted that these type of products give rise to investor protection concerns mainly due to the marketing strategies…
Read moreASIC has permanently banned Ms Emma Feduniw, also known as Emma Khalil, of Brisbane QLD, from the credit and financial services industries. The bans follow an ASIC investigation which led to Ms Feduniw, a former mortgage broker with AHL Investments Pty Ltd (trading as Aussie), being convicted on 3 June 2016 in Beenleigh Magistrate's Court…
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