Australian regulator ASIC has just announced that it has permanently banned Bee Chin Lim, also known as Vicky Bee Chin Lim of Yagoona in New South Wales, from providing financial services. Ms Lim was the sole director of JJ Global Network Pty Ltd (JJ Global), which was closely associated with Malaysian-based entity called JJ Global…
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Women are participating in the workforce and gaining tertiary qualifications at a greater rate than ever before but many women lack confidence when it comes to money. Research by Australian regulator ASIC has found: 46% of women find money decisions overwhelming and stressful On average, women retire with half the super balance of men ($230,907…
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The Hong Kong Securities and Futures Commission (SFC) has just announced that it has banned Ms Cham Nga Yin from re-entering the industry for life for misappropriation of clients’ money. Cham was a former licensed representative of Tanrich Futures Limited (Tanrich Futures), now known as Southwest Securities (HK) Futures Limited. The SFC found that Cham…
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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 Options Tech Limited. Options Tech Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The Securities and Exchange Commission (SEC) has announced the filing of insider trading charges against Congressman Christopher Collins, the U.S. Representative for New York’s 27th Congressional District, his son, Cameron Collins, and a third individual, Stephen Zarsky. In a parallel action, the U.S. Attorney’s Office for the Southern District of New York today announced related…
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Singapore Exchange (SGX) has just announced that it has welcomed Synagie Corporation Ltd. to Catalist under the stock code “V2Y”. Synagie Corporation Ltd. is a homegrown technology company and leading e-commerce solutions provider in Southeast Asia in the Body, Beauty and Baby sector. It works with businesses ranging from small and medium enterprises to multi-national…
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New Zealand Stock Exchange (NZX) has confirmed it will implement changes to its trading and clearing pricing structure on 1 October 2018. Targeted policy changes and technology improvements will be introduced alongside pricing changes. Driving secondary market development, further improving liquidity levels and enhancing price transparency were some of the most important initiatives outlined in…
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Cyprus financial regulator CySEC has announced that it has reached a settlement with the company Coverdeal Holdings Ltd. The settlement is for the amount of €250.000. The company has already paid the amount of €250.000. The full note issued by CySEC on the matter reads as follows: 08 August 2018 CYSEC Board Decision Announcement date:…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Horst Weinmann. 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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TMX Group Limited (TSX:X) has announced July 2018 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha) and Montréal Exchange (MX). On July 19, 2018, MX achieved a new overall open interest record of 9,221,922 contracts, as well as a new ETF Options open interest record of 3,162,059…
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