CBOE Holdings, Inc. (NASDAQ: CBOE) has announced plans to expand its suite of product offerings tied to S&P Dow Jones Indices with the planned launch of options on the 10 S&P Select Sector Indices that comprise the S&P 500®, a key benchmark of the U.S. equities market. The new index options will offer investors across…
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Another announcement made by Belize financial regulator IFSC today, the regulator has issued a Warning Notice regarding a person named Ferdinald Hill. According to the IFSC, a person by the name of ‘Ferdinald Hill’ is falsely and fraudulently representing to hold a personal licence issued by IFSC for the carrying on of the business of…
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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 Genworth Consultant Group. Genworth Consultant Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Together with Copenhagen Fintech Lab Saxo are opening the door to connect and foster relationships with Fintech startups on a global scale. In September Copenhagen based online brokerage provider Saxo Bank celebrates it 25 year anniversary and, after reporting a nice 4% increase in August trading volumes, the company just shared that has become a sponsor…
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Last week, on September 5, 2017, the securities industry successfully implemented a shortened settlement cycle for most securities transactions, pursuant to amendments to Rule 15c6-1 that the Securities and Exchange Commission (SEC) adopted earlier this year. The move to a two business day standard settlement cycle – or T+2 – was the product of extensive preparation…
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France's market regulator the Autorité des marchés financiers (AMF) has warned the public against the activities of “Naftoil” company and its director Mr Raphael Comté proposing investments services without being authorized to do so. This company is not authorized by the AMF to provide investment services. The AMF reminded investors and individuals responsible for marketing…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Financial Point. 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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First buy-side client to utilise the Lending CCP’s Specific Lender License Eurex Clearing, Europe’s clearing house and part of Deutsche Börse Group, has announced that PGGM, the cooperative Dutch pension fund service provider offering institutional clients asset management, pension fund management, policy advice and management support, is the first buy-side client to become a direct…
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Belize financial regulator IFSC has issued a Warning Notice regarding a company called Real Markets Live. According to the regulator, an entity calling itself “Real Markets Ltd” aka RealMarketsLive, with its business address at Schweigaards Gate 5, 0185 Oslo, Norway, operating under domain name, http://realmarketslive.com is falsely and fraudulently purporting to be licensed by the…
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The U.S. Financial Industry Regulatory Authority (FINRA) announced today that a FINRA extended hearing panel censured Albany, NY-based broker-dealer C.L. King & Associates, Inc. and fined the firm $750,000 for negligently making material misrepresentations and omissions to issuers in connection with the firm’s redemptions of debt securities on behalf of a hedge fund customer. The…
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