OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced NexOptic Technology Corp (TSX-V: NXO; OTCQX: NXOPF) has qualified to trade on the OTCQX® Best Market. NexOptic upgraded to OTCQX from the OTCQB® Venture Market. NexOptic begins trading today on OTCQX under the symbol "NXOPF." U.S. investors…
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The U.S. Financial Industry Regulatory Authority (FINRA) has announced that it has ordered units of Wells Fargo & Co (NYSE:WFC) - Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC - to pay more than $3.4 million in restitution to affected customers for unsuitable recommendations of volatility-linked exchange-traded products (ETPs) and related…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm RTC finance /Icon markets /First World Consultants Limited. 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…
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TMX Group Limited (TSX:X) and the Shenzhen Stock Exchange (SZSE) have announced the execution of a non-binding Memorandum of Understanding (MoU) pursuant to which TMX Group and SZSE agree to explore opportunities for economic cooperation with a specific focus on the technology and innovation sectors, areas that are experiencing rapid growth in both Canada and…
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The Financial Industry Regulatory Authority (FINRA) announced today that it has ordered Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC to pay more than $3.4 million in restitution to affected customers for unsuitable recommendations of volatility-linked exchange-traded products (ETPs) and related supervisory failures. FINRA found that between July 1, 2010, and…
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The Securities and Exchange Commission (SEC) announced that a whistleblower has earned an award of more than $1 million for providing the SEC with new information and substantial corroborating documentation of a securities law violation by a registered entity that impacted retail customers. Today’s award reflects the impact that whistleblower information can have in uncovering…
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The Financial Conduct Authority (FCA) has today launched its new asset management authorisation hub. The hub has been launched to support new firms by assisting when they apply for authorisation, throughout the authorisation process and afterwards. The authorisation hub will not lower entry standards to the market and entrants will need to meet the same…
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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 firm Forest Advisory Service. Forest Advisory Service 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 Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has published the findings of its latest review of listed issuers' corporate governance practices. The review involved analysing the disclosures made by 1,428 issuers (approximately 72 per cent of all issuers listed as at 31…
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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 firm Loan 4 Help. Loan 4 Help is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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