The Cyprus watchdog alleged that CPB and Commerzbank acted “in concert to manipulate the market” regarding CPB’s shares in April…
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Credit Suisse pays $75K infringement fine
According to ASIC regulation NXXT Trade is not a transaction permitted for an on-market buy-back. The MDP considered that Credit…
Read MoreCySEC fines Harvest Capital Management and others
The companies with monetary penalties include: Harvest Capital Management Public Ltd with administrative fine of €13,000 Cyprus Trading Corporation Plc…
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Cunningham Commodities agrees to pay $250K for supervision violations
The CFTC found that Cunningham Commodities’ did not supervise the GIB accounts over a sixteen-month period diligently. Moreover, the company…
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Australian Federal Court slaps One Tech Media with $1.8 million fine in binary options case
Australian company Allianz Metro Pty Ltd, together with Eustace Senese and Yoav Ida provided One Tech Media with services without…
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CFTC fines Gain Capital UK nearly $500K for registration and supervision violations
The regulator alleged that Gain UK failed to supervise diligently its US forex customers and missed warning signs of the…
Read MoreHong Kong regulator fines Potomac Capital Limited $800,000 for Financial Resources Rules violation
The exclusion of the aged fee receivables would have resulted in monthly liquid capital deficits ranging from $335,000 to $449,000…
Read MoreCySEC fines Indication Investments Ltd for €160,000
CySEC also found that the company may have violated European Securities and Market Authority’s decisions regarding the provision of maximum…
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SFC fines Convoy Asset Management $6.4 million for regulatory breaches over bond recommendation
The SFC found that Convoy Asset Management failed to conduct proper and adequate due diligence on these bonds before making…
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DFSA fines Enness Limited US$105,000 for engaging in unauthorised activity
The Dubai Financial Services Authority (DFSA) has just announced that it has fined the company Enness Limited (Enness DIFC) USD…
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