Rogerfin, Currie Consultancy Group, EasyLoan4U and others added to FCA warning list LeapRate

March 03, 2020 BY Steffy Bogdanova

Rogerfin, Currie Consultancy Group, EasyLoan4U and others added to FCA warning list

UK watchdog FCA has put out the details of several unregulated companies and clone firms this week. The names of the latest additions to the regulator’s warning list are the companies Rogerfin, Currie Consultancy Group, EasyLoan4U, Leonreed Limited / Leonne International, IVL Leasing Limited, Euro 2 Pocket, Euro 2 Pocket / Euro2Pocket, Cleantech Europe Escrow LP, Montague Capital Investments Ltd, Private Wealth Management…

March 03, 2020 BY Valentina Kirilova

Integral’s ADV up 12% MoM in February

Fintech company Integral released its volumes report for the first month of 2020. Average daily volumes (ADV) across Integral platforms totalled $39.9 billion in February 2020. This represents an increase of 12.4% compared to January 2020, and 19.8% increase compared to the same period in 2019. Banks, brokers, and asset managers now share direct access to…

March 03, 2020 BY Steffy Bogdanova

Deutsche Börse reports cash market volumes up by 60% YoY in February

Increased volatility of financial markets in the last week of February lead to increased volumes compared to previous years on Deutsche Börse’s cash market platforms. February cash market turnover amounted to €183.0 billion (€116 billion for the previous year), marking a 60 % increase. 2.8 million orders were executed, achieving trading volume of €18.6 billion,…

March 02, 2020 BY Steffy Bogdanova

Eurex implements global ESG investing with new MSCI index-based derivatives

The new futures using MSCI ESG Screened Indexes was introduced to start trading in time for the next roll in March. The futures covering USA, World, EM, EAFE and Japan/Growth in MSCI index-based derivatives driven by buy-side demand. In the spirit of responsible investing, Eurex supports asset managers in switching to sustainable investment by expanding…

March 02, 2020 BY Valentina Kirilova

TFX Click kabu 365 up 65% MoM in February

Tokyo Financial Exchange (TFX) has released its trading volumes report for the month of February 2020. You can see the highlights below: FX Daily Futures contracts (Click 365) The total trading volume of FX Daily Futures contracts (Click 365) was 2,449,177 ( +24.6% MoM / +27.5% YoY ) and its average daily trading volume was…

March 02, 2020 BY Steffy Bogdanova

Whistleblower awarded $7 million

The Securities and Exchange Commission announced last week a more than $7 million reward to a whistleblower who provided crucial information and assistance in a SEC action, including the identification of witnesses. Jane Norberg, Chief of the SEC’s Office of the Whistleblower, commented: The whistleblower showed great tenacity and effort in attempting to expose the…

February 28, 2020 BY Steffy Bogdanova

Philippine crypto regulator accused of corruption

Raul Lambino, administrator of Cagayan Economic Zone Authority (CEZA), licensing regulator for cryptocurrency exchanges in the Philippines, was accused of corruption and misappropriation of millions. Allegedly Lambino’s wealth has inexplicably grown with tens of millions of dollars. A leaked report from the Philippine National Intelligence Coordinating Agency (NICA) says: It is now the general belief…

February 28, 2020 BY Steffy Bogdanova

SEC fines Wells Fargo with $35 million over investment recommendation practices

The Securities and Exchange Commission (SEC) announced on Thursday settled charges against Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network for improperly recommending risky investments to some of its clients, including senior citizens and retirees. SEC ordered Wells Fargo to pay $35 million penalty. SEC accused Wells Fargo for failing to supervise investment…

February 28, 2020 BY Steffy Bogdanova

Actor Steven Seagal charged with unlawful promotion of ICO

The Securities and Exchange Commission (SEC) announced yesterday that it settled charges against actor Steven Seagal for not disclosing payments he received for promoting investments in an initial coin offering (ICO) by Bitcoiin2Gen (B2G). SEC found that the 69-year-old actor failed to disclose the amount $250,000 in cash and $750,000 worth of B2G tokens he…

February 28, 2020 BY Steffy Bogdanova

ASIC cancels RVM Capital’s AFS licence

ASIC has cancelled the Australian financial services (AFS) licence of RVM Capital for not submitting its annual financial statements for three years in a row. RVM Capital held AFS licence number 457140 and it was cancelled from 21 January 2020. These measures are part of ASIC’s intention to raise and improve the requirements for…

Category: Financial Services