Cboe Global Markets, Inc. (Nasdaq: CBOE) has announced that it plans to launch Cboe Market Close (CMC) on the company’s BZX Exchange on Monday, August 20, 2018, contingent upon the Securities and Exchange Commission (SEC) reaffirming the staff’s initial approval. The creation of CMC, an alternative mechanism to primary market closing auctions that take place…
Read more
The U.S. Securities and Exchange Commission announced charges against Wedbush Securities Inc. for failing to supervise employee Timary Delorme after the broker-dealer ignored numerous red flags indicating that Delorme was involved in a long-running pump-and-dump scheme targeting retail investors. Delorme agreed to settle fraud charges stemming from the same scheme. This is the second SEC…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Credit Extra Cash. 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 Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have issued a joint consultation on further enhancements to the over-the-counter (OTC) derivatives regulatory regime in Hong Kong, including a proposal to mandate the use of the Legal Entity Identifier (LEI) for the reporting obligation. To align with global standards, all entities…
Read more
Stockholms läns landsting (Stockholm County Council) has announced that it has listed a SEK 1bn green bond from its €4bn EMTN Programme on the Main Securities Market (MSM) of the Irish Stock Exchange (ISE). The green bond has a maturity date of November 2023 and an interest rate of 1% per annum. Stockholms läns landsting…
Read more
Financial markets operator Euronext NV (EPA:ENX) has just announced the completion of the acquisition of 100% of the shares and voting rights of the Irish Stock Exchange plc (ISE), for €137 million, after receiving regulatory approvals. The deal comes after Euronext expanded into FX earlier this year with its acquisition of institutional Forex ECN FastMatch for $153 million.…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Money Saving Expert. 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 Court of Appeal on Friday, 23 March 2018, has dismissed an appeal by former director of LFE Corporation Bhd (LFE), Alan Rajendram a/l Jeya Rajendram, against his conviction for furnishing false statements to Bursa Malaysia Securities Bhd (Bursa) in 2007. In 2012, Alan, 62, was sentenced to one year jail and fined a total…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Heritage Capital. 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
Singapore Exchange (SGX) has announced that it has welcomed ayondo Ltd to Catalist under the stock code “1I5”. ayondo is a global fintech group that offers social trading services and brokerage services to both B2C and B2B clients through its two proprietary platforms – WeTrade and Tradehub. WeTrade is for social trading, where traders can…
Read more