ASIC announced that has banned Christopher Robert Con Foo (also known as Christopher Robert Confoo) from engaging in credit activities and providing financial services for a period of seven years. Mr Con Foo, a former finance business manager, arranged car finance and insurance for customers buying vehicles from South Yarra BMW, a car dealership operated…
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Hana Rado, a well-known senior business executive in Israel and Vice Chair of the Israel office of global advertising agency McCann Erickson, is apparently finalizing plans to admit to charges of insider trading in shares of Compugen Ltd. (USA) (NASDAQ:CGEN). Rado will apparently plead guilty to charges that she bought NIS 50,000 (about USD $14,000)…
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Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company today welcomed a new J.P. Morgan Asset Management fund to the Bats ETF Marketplace. The J.P. Morgan Ultra-Short Income ETF (Bats: JPST) seeks to achieve its investment objective by primarily investing in investment grade, U.S. dollar denominated short-term fixed, variable and floating rate debt. As part of its…
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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 Izumi Ventures. Izumi Ventures is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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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 Arkwright Property Management / Arkwright Property Development. Arkwright Property Management / Arkwright Property Development is not authorised by the FCA but has been targeting people in…
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Hong Kong Exchanges and Clearing Limited (HKEX) announced the Government's reappointments of Lawrence Lam Yuk Kun and Barbara Shiu as members of HKEX's Risk Management Committee (statutory) (RMC). The reappointments were made under the Securities and Futures Ordinance. They are for a term of two years with effect from 1 July 2017. From 1 July…
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Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
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The Securities and Futures Commission (SFC) announced and welcomed the appointment and re- appointment by the Financial Secretary of members to the SFC Advisory Committee for two years from 1 June 2017 to 31 May 2019. I warmly welcome Ms Prudence Ann Bennett, Mrs Ann Kung Yeung Yun-chi and Dr Tan Yue-heng to be the…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Lucky Loans. 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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Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company today welcomed a new WisdomTree fund to the Bats ETF Marketplace, the 19th fund to be listed with exchange. The WisdomTree Barclays Yield Enhanced U.S. Short-Term Aggregate Bond Fund (Bats: SHAG) will seek to track the price and yield performance, before fees and expenses, of the Bloomberg Barclays…
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