The Commodity Futures Trading Commission (CFTC) has announced that it has filed a federal court enforcement action in the U.S. District Court for the Southern District of New York against Jason Amada of New York, New York, and Amada Capital Management LLC (ACM), a New York entity owned and controlled by Amada. The CFTC Complaint…
Read more
The Vienna Stock Exchange has welcomed a new trading member: Susquehanna International Securities (SIG), which has its European headquarters in Dublin, will participate in the cash market trading of the Vienna Stock Exchange from tomorrow, 30 August 2018. According to the company, SIG is one of the largest proprietary trading firms in Europe. The company…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Ronger Properties Bond. 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…
Read more
The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) have just announced that they have entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority. The agreement reflects the commitment of both authorities to develop an environment that supports the sustainable development…
Read more
The Securities and Exchange Commission (SEC) has announced that Moody’s Investors Service Inc., one of the nation’s largest credit ratings agencies, has agreed to pay a total of $16.25 million in penalties to settle charges involving internal control failures and failing to clearly define and consistently apply credit rating symbols. This marks the first time…
Read more
Solactive has announced the launch of the Adaptive Wealth Strategies U.S. Factor Index which dynamically allocates across three sub-indices with exposure to U.S. equities in the large and mid-cap segment and exhibits characteristics of one of three primary factors: value, momentum and low volatility. The index has been developed together with Adaptive Wealth Strategies, a…
Read more
The Saudi Arabian Capital Market Authority (CMA) has invited specialists, interested parties and the public to provide their comments and observations on the draft Instructions on Issuing Depositary Receipts out of the Kingdom for Shares Issued in the Kingdom ("Draft Instructions"), which is available on the CMA's official website for a period of (30) calendar…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm TVT Partners. 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…
Read more
Deutsche Börse strengthens commitment to new technologies in the post-trade sector / Significant progress in creating innovative blockchain solution to tackle fragmentation of securities lending market Deutsche Börse Group has announced that it has just made an initial investment of a single-digit euro million amount in HQLAx S.à r.l. in exchange for a minority shareholding.…
Read more
The Securities and Exchange Commission (SEC) has announced charges against four Transamerica entities for misconduct involving faulty investment models and ordered the entities to refund $97 million to misled retail investors. According to the SEC’s order, investors put billions of dollars into mutual funds and strategies using the faulty models developed by investment adviser AEGON…
Read more