One day after releasing its September volumes, TMX Group (TSX:X) has announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for September 2017. Toronto Stock Exchange welcomed 17 new issuers in September 2017, compared with three in the previous month and 17 in September 2016. The new listings included 16 exchange traded…
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Biostage, Inc., a biotechnology company developing bioengineered organ implants to treat cancers and other life-threatening conditions of the esophagus, bronchus and trachea, announced today that the Company received written notification from The Nasdaq Stock Market LLC (NASDAQ) indicating that the NASDAQ Hearings Panel (the "Panel") has determined to delist the Company's common stock from The…
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The Stock Exchange of Hong Kong Limited (HKEX) announced that is going to cancel the listing of the shares of Qunxing Paper Holdings Company Limited (the Company) under the Listing Rules. In this regard, the Exchange requires that the Company must have remedied those matters which have rendered it unsuitable for listing by 6 November…
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Since launch in May 2017, Eurex, Europe’s largest derivatives exchange and part of Deutsche Börse Group, has seen its members readily embrace the six new iSTOXX Europe factor index futures. These are systematic rules-based indices, designed to isolate the return of key risk factors and earn a risk premium over time. With robust liquidity provider…
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SIX Exchange Regulation just announced that has opened an investigation against Banque Cantonale de Genève on account of a possible breach of regular reporting obligations. SIX Exchange Regulation, which monitors and enforces issuer obligations on behalf of SIX Swiss Exchange Ltd, opened an investigation against Banque Cantonale de Genève on 4 October 2017 on account…
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ASIC announced that has banned Mr Robert Legat from engaging in credit activities for a period of three years following a penalty decision of the Federal Court on 10 March 2017. The Court had previously found that payday lenders Fast Access Finance Pty Ltd, Fast Access Finance (Beenleigh) Pty Ltd and Fast Access Finance (Burleigh…
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The U.S. Securities and Exchange Commission today charged a Westchester, New York-based investment adviser with fraud stemming from lies to retail investors about the value of their investments in a Ponzi-like scheme. The SEC alleges that, starting in approximately 2010, Michael Scronic began to raise money from at least 42 friends and acquaintances, many of…
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The U.S. Securities and Exchange Commission (SEC) announced that has approved the Financial Industry Regulatory Authority’s rule proposal to streamline competency exams and expand opportunities for prospective securities professionals seeking to enter or re-enter the securities industry. FINRA today issued Regulatory Notice 17-30 announcing an Oct. 1, 2018, effective date for the rule change. Under…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Northill Global. 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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The Clearstream CSDs (Clearstream Banking S.A., Clearstream Banking AG and LuxCSD) announced that has submitted their applications for their Central Securities Depositories Regulation (CSDR) licences on Friday 29 September 2017. This represented a significant milestone in the CSDR timeline as CSDR’s authorisation process requires CSDs to submit an application for authorisation to the relevant local…
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