Category: Financial Services

DFSA
December 11, 2017 BY Valentina Kirilova

Luxembourg regulator CSSF fines shareholder of Orco Property Group S.A.

The Commission de Surveillance du Secteur Financier (CSSF) informed that it has sanctioned the ultimate and indirect controlling shareholder (the “Sanctioned Person”) of Orco Property Group S.A. (the “Issuer”) for market manipulations on the shares of the Issuer (ISINLU0122624777) in accordance with the provisions of the Law of 9 May 2006 on market abuse (the…

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fca warning
December 11, 2017 BY Valentina Kirilova

FCA warns against Carus Solutions Ltd 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 firm Carus Solutions Ltd. Carus Solutions Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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clone firm FCA warning
December 11, 2017 BY Valentina Kirilova

FCA warns against Amundi Asset Management clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Amundi Asset 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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clone firm FCA warning
December 11, 2017 BY Valentina Kirilova

FCA warns against Waybridge Financial clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Waybridge Financial. 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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CFTC offices
December 08, 2017 BY Valentina Kirilova

CFTC releases Rule Enforcement Review of CBOT, CME, COMEX, and NYMEX

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) has issued the results of a rule enforcement review that recommends the exchanges reviewed make certain improvements as noted below. The Division reviewed the Chicago Board of Trade (CBOT), the Chicago Mercantile Exchange (CME), the Commodity Exchange, Inc. (COMEX), and the New York Mercantile…

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Lingxi ,China Finance Online Co. Limited
December 08, 2017 BY Valentina Kirilova

Asia Equity Exchange Group closes a private placement for $15 million of common shares

Asia Equity Exchange Group, Inc. (OTCMKTS:AEEX), an equity investment and financing information services provider in Asia, announced today that it has completed a self-directed private placement (the "Placement") of 4,300,000 shares of common stock of the Company for $3.5 per share pursuant to a Subscription Agreement dated November 21, 2017 (the "Subscription"). The gross proceeds…

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