The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Miton Asset Management, trading as Miton Commodities. 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…
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The Canadian Securities Administrators (CSA) today published an annual activity report outlining its investor education and outreach efforts over the past year. The CSA Investor Education Committee continues to prioritize investors’ needs and develop innovative ways to help Canadians understand more about their finances,” said Louis Morisset, CSA Chair and President and CEO of the…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm London Finance and Investment Corporation. 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…
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The FMA noted a recent warning by the Hong Kong Securities and Futures Commission against China FX broker VHTrade. The FMA is concerned that Vhtrade International Financial Group claims to be registered on the FSPR when they are not. Vhtrade International Financial is operating at website www.vhtrade.cn. The address given is 4B, Jinwei Commercial Building,…
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The U.S. Securities and Exchange Commission today charged four former Atlanta-area brokers with fraudulently inducing federal employees to roll over holdings from their federal Thrift Savings Plan (TSP) retirement accounts into higher-fee, variable annuity products. The four former brokers charged are Christopher S. Laws, Jonathan D. Cooke, Danny S. Hood, and Brandon P. Long. The…
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The Vienna Stock Exchange (VSE) is opening up a new dimension in electronic trading in Austrian and international stocks today. After having run the exchange for 17 years on the Xetra system, the Vienna Stock Exchange is now going live with the T7 trading system, next generation global trading technology. The system is provided by…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Merit 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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Intercontinental Exchange (NYSE:ICE), the operator of global exchanges and clearing houses and provider of data and listings services, just announced that ICE Futures U.S. plans to launch a new London Silver Daily Futures contract on September 5, 2017, pending regulatory review. The contract offers physical delivery of unallocated silver held in a London Precious Metals…
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OTC Markets Group Inc. (OTCMKTS: OTCM), operator of financial markets for 10,000 U.S. and global securities, has today announced that Aerkomm Inc. (OTCQX: AKOM), a holding company whose operating subsidiary is developing in-flight connectivity and entertainment, or IFEC, solutions, has qualified to trade on the OTCQX® Best Market. Aerkomm upgraded to OTCQX from the OTCQB®…
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The Hong Kong Securities and Futures Commission (SFC) has today issued a circular expressing its concerns about the management of some private funds and discretionary accounts. During the SFC’s supervision of licensed corporations engaged in the asset management business, a number of private funds and discretionary accounts with concentrated, illiquid and interconnected investments were found…
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