Category: Financial Services

insider trading
August 09, 2018 BY Valentina Kirilova

SEC charges U.S. Congressman with insider trading

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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SGX announces trading volumes
August 08, 2018 BY Valentina Kirilova

SGX welcomes Synagie Corporation Ltd. to Catalist

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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NZX Carbon Fund (CO2)
August 08, 2018 BY Valentina Kirilova

NZX to change trading and clearing pricing structure

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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fca warning clone firm
August 08, 2018 BY Valentina Kirilova

FCA warns against Horst Weinmann clone firm

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
August 08, 2018 BY Valentina Kirilova

TMX Group releases July volumes, MX with a new record

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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August 08, 2018 BY Valentina Kirilova

Sonus Networks Inc. charged with misleading revenue projections

The Securities and Exchange Commission (SEC) has announced that it has charged a cloud communications company and two executives with providing misleading quarterly revenue estimates. The company and executives agreed to pay over $1.9 million in penalties to settle the SEC’s charges. According to the SEC’s order, Sonus Networks Inc.’s former CFO, Mark Greenquist, was…

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asic ban
August 08, 2018 BY Valentina Kirilova

ASIC bans individual from providing financial services

Australian regulator ASIC has just announced that it has permanently banned Mr Brody Glenn Jarman of Yarrawonga, Victoria from providing financial services. Mr Jarman was banned following an ASIC investigation into his dealings with client money while working as an insurance broker. In February 2016, he pleaded guilty in the Cobram Magistrates Court to seven…

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fca warning
August 07, 2018 BY Valentina Kirilova

FCA warns against Prestige Financial Markets firm

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 Prestige Financial Markets. Prestige Financial Markets is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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bscs warning
August 07, 2018 BY Valentina Kirilova

New Zealand FMA warns against scam company Caledonia Investment Company Limited

The Financial Markets Authority (FMA) has just issued a warning against a scam company called Caledonia Investment Company Limited. Caledonia Investment Company Limited ASSOCIATED ENTITIES/INDIVIDUALS: Mark Peterson, Peter Baker and James Wright ADDRESS: 42 Des Voeux Road Central, Wan Chai, Hong Kong WEBSITE: http://www.caledoniainvestcompltd.com/ EMAIL: [email protected] REASON FOR WARNING: The FMA has received a report…

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