UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Lawson Consultancy Limited. Lawson Consultancy Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read more
Cyprus financial regulator CySEC puts out some version of a warning against impersonators appearing as CySEC officials in an attempt to scam unsuspecting investors quite often these days. CySEC again reminded investors and the general public of the following: From time to time it comes to the attention of CySEC that unknown entities or individuals present…
Read more
The Financial Conduct Authority (FCA) has banned and imposed financial penalties on two former Worldspreads Limited (WSL) employees. WSL, which operated a spread betting business, collapsed in March 2012. The FCA has fined WSL’s former Chief Financial Officer, Niall O’Kelly, £11,900 and former Financial Controller, Lukhvir Thind, £105,000, for engaging in market abuse and permanently…
Read more
STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced that an ETF based on the STOXX ASEAN Select Dividend 30 Index has been tradeable on the Singapore Stock Exchange (SGX) since Tuesday. The index is licensed to One AM, Thailand’s largest equity…
Read more
Information giant Thomson Reuters Corp (NYSE:TRI) has teamed-up with Legal Geek to help advance innovation and collaboration within the LawTech startup community. Rapid technological innovation continues to shake up the legal services industry, and LawTech startups have the potential to compete with, as well as to enhance, existing legal services offerings. Many startups aren’t innovating…
Read more
The European Securities and Markets Authority (ESMA) has issued the final report on the Guidelines regarding the calibration of circuit breakers and the publication of the trading halts under the Markets in Financial Instruments Directive (MiFID II). These Guidelines provide further detail on the parameters that trading venues should consider for the calibration of their…
Read more
Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read more
The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge James I. Cohn of the U.S. District Court for the Southern District of Florida entered final default judgments against Relief Defendants Westward International Ltd. and Coucarin Holdings Ltd., both of Deerfield Beach, Florida. The Default Judgment Orders, both entered on March 23, 2017, require Westward…
Read more
Forex trading platform developer MetaQuotes just announced that has developed the mobile version of the MetaTrader 5 Web. The web application is adapted for smartphones and allows trading Forex and on world exchanges from any mobile browser. Currently, the beta version provides the basic trading features: online quotes of financial instruments, the full set of…
Read more
30 Issuers, 161 Funds Now Listed on Bats in the U.S. Bats, a CBOE Holdings, Inc. (NASDAQ: CBOE) company, welcomed a new Cambria fund to the Bats ETF Marketplace. The Cambria Tail Risk ETF (Bats: TAIL), the sixth ETF listed by Cambria with Bats, seeks to achieve its investment objective by investing in a portfolio…
Read more