Category: Financial Services

FINRA's 2018 volume tops 2017 activity by 87%
June 09, 2017 BY Valentina Kirilova

FINRA issues research on securitized-asset liquidity

The Financial Industry Regulatory Authority (FINRA) Office of the Chief Economist posted a new Research Note on liquidity in structured products, complementing an earlier report on corporate-bond liquidity. The new analysis focused on two categories of products: real-estate securities, including mortgage-backed securities in residential housing and commercial buildings, as well as collateralized mortgage products and…

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CFTC offices
June 09, 2017 BY Valentina Kirilova

CFTC charges Pishon Holding LLC with fraudulently soliciting more than $11 million from customers in connection with trading futures

The U.S. Commodity Futures Trading Commission (CFTC) announced that on June 1, 2017, Judge James Robart of the U.S. District Court for the Western District of Washington entered a Statutory Restraining Order (SRO) against Sung Hong a/k/a Lawrence or Laurence Hong of Bellevue, Washington (Laurence Hong), Hyun Joo Hong a/k/a Grace Hong of either Bellevue…

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fca warning
June 08, 2017 BY Valentina Kirilova

FCA warns against Barton & Rose firm

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 Barton & Rose. Barton & Rose is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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SFC fines
June 08, 2017 BY Valentina Kirilova

CySEC issues series of fines against former executives of CommexFX

The Board of the Cyprus Securities Exchange Commission (CySEC) just announced that has issued series of fines against former executives of CommexFX with a total amount of €400.000. CySEC has previously fined the company CommexFX, and after numerous suspensions of its license, has finally decided to wholly withdraw the authorisation with number CIF 153/11 of CommexFx Ltd,…

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fca warning
June 08, 2017 BY Valentina Kirilova

FCA warns against Chicago Law Group firm

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 Chicago Law Group. Chicago Law 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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SGX announces trading volumes
June 08, 2017 BY Valentina Kirilova

SGX welcomes Sanli Environmental Limited to Catalist

Singapore Exchange (SGX) today welcomed Sanli Environmental Limited to Catalist under the stock code “1E3”. Sanli Environmental Limited is a Singapore-based environmental engineering company with more than 10 years of experience in water and waste management. Its expertise includes the design, supply, delivery, installation, commissioning, maintenance, repair and overhaul of mechanical and electrical equipment, as…

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hkex main board
June 08, 2017 BY Valentina Kirilova

CFETS and HKEX establish joint venture for Bond Connect

China Foreign Exchange Trade System (CFETS) and Hong Kong Exchanges and Clearing Limited (HKEX) announced today the formation of a joint venture company in Hong Kong, Bond Connect Company Limited (BCCL), to support Bond Connect related trading services. Bond Connect is a new mutual market access scheme that will allow investors from Mainland China and…

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