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 Capital Value Brokers. Capital Value Brokers is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The volume of listed corporate bonds on Nasdaq’s Nordic markets grew to a new all-time high during 2016. At the end of last year, the total value of listed corporate bonds on Nasdaq Nordic’s main markets was 65.8 billion euros, an increase of 4.8% since 2015 and 54% since 2011. A large portion of the…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cash Float. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
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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…
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ASIC just announced that Peter Alan Gregg, the previous Chief Financial Officer of Leighton Holdings Limited (now CIMIC Group Limited), has been charged with two counts of falsifying company documents in 2011. Mr Gregg is due to appear in the Downing Centre Local Court in Sydney on 31 January 2017. This matter is being prosecuted…
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Monex Group Inc. (TYO:8698) today reported its monthly business metrics of its subsidiaries in December 2016. The number of Daily Average Revenue Trades (DARTs) was 269,289 in December - slightly down with -12.5% from the previous month. The number of total accounts by the end of the month was 1,679,863 - a tiny rise from November's…
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The Securities and Exchange Commission (SEC) charged two New York-based brokers with fraudulently using an in-and-out trading strategy that was unsuitable for customers in order to generate hefty commissions for themselves. The SEC’s complaint alleges that Gregory T. Dean and Donald J. Fowler did no reasonable diligence to determine whether their investment strategy involving frequent…
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CBOE Holdings, Inc. (NASDAQ: CBOE) announced that it priced an underwritten public offering of $650 million of its 3.650% Senior Notes due 2027. The offering is expected to close on January 12, 2017, subject to customary closing conditions. CBOE Holdings estimates that the net proceeds from the offering will be approximately $643 million, after deducting…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Little Loans Limited. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…
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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…
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