Canadian regulator BCSC warns against Best Trade Profit, CryptoTradeSolution and others LeapRate

Canadian regulator BCSC warns against Highgoldminings.com, Crypto Hallmark Investment and others

July 24, 2020 BY Steffy Bogdanova

Canadian regulator BCSC warns against Best Trade Profit, CryptoTradeSolution and others

Shanghai Industrial Investment (Holdings) Corporation Ltd. (Inclusive Trading) is allegedly offers different investment plans for clients to trade Bitcoin. The company operates through website http://www.inclusivetrading.biz and is not registered to trade in BC. Fox-Trade.uk Ltd (Fox-Trade) claims to be based in the UK. and operates through website http://www.fox-trade.uk. The company is not registered to trade in…

July 24, 2020 BY Steffy Bogdanova

Blackstone 500, Bronze FX and others added to FCA warning list

Blackstone 500 / Blackstone500 Telephone: +442036770120 Email: [email protected] Website: blackstone500.com Bronze FX Address: Suite 305 Griffith corporate centre, PO Box 1510 Beachmont, Kingstown, St. Vincent and the Grenadines Telephone: 02036950353 , +442080895514 , +447446660002 , 0744666000 Email: [email protected] , [email protected] , [email protected] , [email protected] , [email protected] , [email protected] , [email protected] Website: https://bronze-fx.com/ Teng Sun Global…

July 23, 2020 BY Steffy Bogdanova

Organised crime investigation into $17 million fraud leads to charges against 12 people

AFP Commander Investigations, Eastern Command, Kirsty Schofield commented: Transnational and serious organised crime groups are evolving. No longer do they target any specific crime type or commodity, they adapt to their environments by recruiting professional enablers to provide experience in the financial, legal or any other field they feel can earn them money. This investigation…

July 21, 2020 BY Steffy Bogdanova

Southwest Group to pay $75K for conducting forex exchange transactions without registration

CFTC found that Southwest Group offered customers forex transactions through a “Premium + Layaway Program” financing option. The “program” was financed by Southwest Group while acting as the counterparty to these retail forex transactions. It took 30 or 45 days for the retail customers to receive their forex instead of the usual two. The US…

SEC acts against 11 firms neglecting electronic communications

July 21, 2020 BY Steffy Bogdanova

UBS to pay $10 million in settling charges for “flipping” municipal bond offering

SEC has previously brought similar charges of municipal bond offering “flipping” and retail order period abuses in August 2018, December 2018, September 2019 and in April 2020. UBS did not admit nor deny the findings but agreed to a cease-and-desist order. The order also imposes a $1.75 million penalty, $6.74 million in disgorgement of ill-gotten…

July 20, 2020 BY Steffy Bogdanova

Invest Connect, Credit Suisse AG and others added to FCA warning list

Invest Connect Address: 25 Old Broad Street, London, EC2N1HN Telephone: 0203 301 0482 Email: [email protected] , [email protected] Website: https://invest-connect.co.uk/ Renewable Bonds Address: 5a Irving St, Leicester Square, Charing Cross, London WC2H 7AT Telephone: 020 874 9956 Email: [email protected] Website: https://renewable-bonds.net/compare/?gclid=EAIaIQobChMIpsubpfjs5wIVlp3VCh1fyAYBEAAYASAAEgJDmfD_BwE UK Bond St Address: 95 Queen Victoria St, London, EC4V 4HN, UK Website: www.ukbondst.com Danbrook…

July 20, 2020 BY Steffy Bogdanova

Toronto Stock Exchange adds cloud-based software provider Dye & Durham

McKenzie continues: TMX remains committed to enabling the long-term success of these visionary growth companies and to providing investors with opportunities to participate in their success. Dye & Durham has reached 350 employees in its Canada and UK offices and serves blue chip customers including Canadian legal firms, financial institutions and government organizations.

Online marketplace Trustify Inc. and its founder charged in $18.5 million fraud

July 20, 2020 BY Steffy Bogdanova

SEC charges co-founder of IIG with fraud for involvement in a $60 million Ponzi scheme

Sanjay Wadhwa, Senior Associate Director of the SEC's New York Regional Office said: As alleged, Hu's deception caused substantial losses to a retail mutual fund, and other funds IIG advised. The SEC remains committed to holding accountable individual wrongdoers who seek to take advantage of investors for personal gain, including when they employ elaborate means…

July 17, 2020 BY Steffy Bogdanova

LMAX Group reports 33% growth in FX trading volume for H1 2020 with $2.3 trillion

LMAX’s cryptocurrency exchange LMAX Digital also had strong performance for H1 2020 with trading volumes up 106%. The exchange now works with over 200 global institutions trading crypto currencies in the US, Europe and Asia. David Mercer, CEO of LMAX Group, said: We have seen growth in new large institutional clients around the world trading…

July 17, 2020 BY Steffy Bogdanova

Eurex reports equity derivatives market calming down but single stock levels still uncertain in Q2 2020

Equity options: volumes by country in million Country Q2 2019 Q2 2020 Change Germany 17.85 16.59 -7% Switzerland 12.33 10.88 -12% France 6.27 7.42 18% Netherlands 3.93 3.21 -18% Finland 1.42 1.44 2% Spain 1.16 0.92 -20% Italy 0.99 0.78 -20% Belgium 0.21 0.17 -22% Austria 0.06 0.09 51% Ireland 0.02 0.06 253% Others 0.2…

Category: Financial Services

Canadian regulator BCSC warns against Best Trade Profit, CryptoTradeSolution and others

Blackstone 500, Bronze FX and others added to FCA warning list

Organised crime investigation into $17 million fraud leads to charges against 12 people

Southwest Group to pay $75K for conducting forex exchange transactions without registration

UBS to pay $10 million in settling charges for “flipping” municipal bond offering

Invest Connect, Credit Suisse AG and others added to FCA warning list

Toronto Stock Exchange adds cloud-based software provider Dye & Durham

SEC charges co-founder of IIG with fraud for involvement in a $60 million Ponzi scheme

LMAX Group reports 33% growth in FX trading volume for H1 2020 with $2.3 trillion

Eurex reports equity derivatives market calming down but single stock levels still uncertain in Q2 2020

JPMorgan Fined by FINRA, Ordered to Pay Over $2 Million

Euroclear Unveils Plan to Establish a ‘True Single Market for Post-Trade Services’

Corpay Launches Corpay Complete Platform in the UK

FINRA Fines Cantor Fitzgerald for Regulation Notification Failures

Deutsche Börse’s Eurex Announces Launch of Futures on the MSCI Korea Index