The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Mayfair Wealth Management. 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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Deutsche Börse has just released its cash markets volumes. The exchange generated a turnover of €130.3 billion in March, down 21% YoY from €165.1 billion, but up 12% MoM. Xetra released €117.8b (€152.2b in 2018), bringing the average daily volume to €5.6b. Börse Frankfurt announced €2.9b in trading volumes (€3.7b in 2018) and Tradegate Exchange…
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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 company Bruckner Ferdinand. Bruckner Ferdinand is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm SeRex Investments. 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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Nasdaq Dubai has announced that it has joined forces with the Opera Gallery Dubai for an art showcase collaboration. Nasdaq Dubai recently launched its own artist programme, allowing talents in the region to display their work in Nasdaq Dubai's premises in Dubai International Financial Centre (DIFC). Russian Calligraffiti artist, Pokras Lampas is the first of four…
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The Commodity Futures Trading Commission (CFTC) has just announced that an individual named William H. Powderly IV of New Hope, Pennsylvania, has been fined $1,083,138 by the federal court in Illinois for fraudulently soliciting customers and distributing false account statements. Powderly misled customers, letting them know that he and a university professor developed a commodity futures…
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Busy Friday for the UK FCA. The regulator has earlier today confirmed that all companies acting in or from the United Kingdom are prohibited from selling, marketing or distributing binary options to retail consumers. Later on, the regulator released its final instruments and guidance that will apply in the event of a no-deal Brexit or an…
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The Australian regulator ASIC has released its new research today. The research, named Financial advice: Mind the gap, revealed that many consumers confuse ‘general’ and ‘personal’ advice, which means that they could frequently make poor financial decisions. ASIC Deputy Chair, Karen Chester, commented: This disturbing gap in understanding whether the advice they are getting is…
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Moscow Exchange (MOEX) just announced that, starting from April 1, 2019, it will begin calculating and publishing daily sustainability indices created jointly with the Russian Union of Industrialists and Entrepreneurs (RSPP). The indices will be based on RSPP’s annual analysis of Russia’s largest companies demonstrating a robust ESG (Environmental, Social, Governance) profile. The MOEX-RSPP Responsibility and Transparency…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Wellingtoninv. 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 scam…
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