The Supreme Court of Queensland in Brisbane announced that has appointed Mr Michael Hill and Mr William Harris, of McGrathNicol, as joint and several liquidators of Gognos Holdings Ltd (Gognos) and Dynamic Agri Tech Ltd (DAT) (companies). The court has ordered that the liquidators' appointment be stayed until 10 am on Friday, 29 September 2017,…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm National Debt Help. 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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The Autorité des marchés financiers (AMF) has published a list of new websites offering diamond investments, for which no authorized investment services provider could be clearly identified. Here is the list of new websites recently identified: http://4cpatrimoine.com/ http://blue-diamond-invest.com/ http://boursediam.com/ https://www.diamond-expertise.com/ https://www.group-diamonds.com/ http://www.groupesaphir.net/ https://www.infinitediamond.com/ https://lacentraledudiamant.com/ http://www.luxydiamonds.com/ https://netfinancediams.com/ http://pearl-diamonds.com/ https://placedudiamant.com/ https://thebank-of-diamond.com/ https://www.valeur-diamant.com/ https://vendomeprestige.com/ The AMF has also…
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The U.S. Commodity Futures Trading Commission (CFTC) has issued an Order filing and simultaneously settling charges against Citibank, N.A. (CBNA) and Citigroup Global Markets Limited (CGML) - all units of global banking giant Citigroup Inc. (NYSE: C) - for failing to report Legal Entity Identifier (LEI) information for swap transactions properly to a Swap Data Repository (SDR), failing to…
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The Cyprus Securities and Exchange Commission (CySEC) has just informed investors regarding the following decision by the Bulgarian Financial Supervision Commission (FSC), concerning Interactive Company JSC (formerly Global Markets JSC), and the procedure which clients who are to make claims against it, should follow, not later than 30th September 2017: On 5th of July 2017…
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The U.S. Financial Industry Regulatory Authority (FINRA) has announced that it has fined the Morgan Stanley Smith Barney LLC unit of global investment bank Morgan Stanley (NYSE:MS) $3.25 million and required the firm to pay approximately $9.78 million in restitution to more than 3,000 affected customers for failing to supervise its representatives’ short-term trades of…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Adexec Worldwide Financial Services. 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. Commodity Futures Trading Commission (CFTC) has announced the filing of a federal civil enforcement action in the U.S. District Court for the Southern District of New York against Defendants Nicholas Gelfman, of Brooklyn, New York, and Gelfman Blueprint, Inc. (GBI), a New York corporation, charging them with fraud, misappropriation, and issuing false account statements in connection…
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The Hong Kong Securities and Futures Commission (SFC) announced that has banned Mr Shum Kam Ming, a former account executive of Sincere Securities Limited (Sincere Securities), from re-entering the industry for life in connection with conducting unauthorized transactions in a client’s account. The disciplinary action follows an SFC investigation which found that between March 2014…
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Regulatory Reporting Hub will use SmartStream RDU tools for reference data - Joint development with SmartStream RDU on Systematic Internaliser Register Deutsche Börse Group announced that has entered into a cooperation with The SmartStream Reference Data Utility (RDU). The European market infrastructure provider will use SmartStream RDU service for its upcoming Regulatory Reporting Hub. SmartStream…
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