ASIC has released guidance to help issuers of initial coin offerings (ICOs) consider their legal obligations when offering coins or tokens. ASIC Commissioner John Price said: We want to ensure innovative firms understand the regulatory framework they may be operating under and ensure they meet any obligations they may have when raising funds in Australia.…
Read moreLondon Stock Exchange announced that today welcomes Franklin Templeton Investments as the latest ETF issuer on its market. The four smart beta ETFs, listed in London earlier this month, are the first Franklin Templeton has issued in Europe. To celebrate the launch Greg Johnson, CEO of Franklin Templeton Investments opened trading in London this morning…
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Securities Commission Malaysia (SC) recently sued seven individuals at the Kuala Lumpur High Court for the manipulation of shares in APL Industries Bhd (APLI) and is seeking court orders for disgorgement and civil penalty of up to RM7 million and barring the defendants from the capital market. The SC alleged that Ng Wai Hong, a…
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Hong Kong Exchanges and Clearing Limited (HKEX) announced that has plans to introduce cash-settled TSI Iron Ore Fines 62 per cent Fe CFR China Futures (Iron Ore Futures), with rollout tentatively set for November of this year, subject to market readiness. HKEX's Iron Ore Futures contract will be its first ferrous metal product and will…
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Trading in Prime Standard scheduled to begin on 13 October / Support in share placement from DirectPlace The share subscription for Voltabox AG's IPO was launched today on the Frankfurt Stock Exchange. It is expected to continue until 10 October. The company plans to list in the Prime Standard with its first day of trading…
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CBOE Holdings, Inc. (NASDAQ: CBOE) just announced it has launched the CBOE S&P 500 Dividend Aristocrats Target Income Index (SPAI), a benchmark index designed to track the hypothetical performance of a partial buy-write strategy applied to stocks contained in the widely utilized S&P 500 Dividend Aristocrats Index, to target a specific level of total income.…
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The U.S. Commodity Futures Trading Commission (CFTC) announced that has adopted final rules delegating authority to CFTC staff, under the agency’s system safeguards rules, to notify each designated contract market (DCM) annually of whether it is a “covered DCM” as that term is defined in CFTC Regulation 38.1051(h)(1). This annual notice will also inform each…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Pascal Grande Capital Partners. 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…
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The U.S. Securities and Exchange Commission has charged a stock market analyst with insider trading prior to the publication of research reports and articles he authored with the false disclaimer that he wasn’t trading in the companies being covered. He agreed to settle the charges and be barred from trading in penny stocks for the…
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The Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) have just published g a list of new websites and entities offering investments on the unregulated foreign exchange (Forex) market in France, without authorisation to do so. Here is the list of new websites recently identified: www.1875-financeinvest.com / 1875…
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