The Securities and Exchange Commission (SEC) charged a former employee with securities fraud in connection with his trading of options and other securities. The SEC’s complaint alleges that David R. Humphrey, who worked at the SEC from 1998 to 2014, concealed his personal trading from the SEC’s ethics office and later misrepresented his trading activities…
Read more
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…
Read more
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…
Read more
The European Commodity Clearing (ECC) just announced that cooperates with KB TECH Ltd. to expand access to cleared commodity markets for trading participants. KB TECH is a UK based software development company providing data management services and products to the trading, pension and financial markets. KB TECH has launched a dedicated portal “KB Portal” which…
Read more
QuantHouse is a Paris-based end to end systematic trading solutions provider.
Read more
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…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Best Connection Finance. 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…
Read more
The Securities and Futures Commission (SFC) launched a two-month consultation on proposals to reduce and mitigate hacking risks associated with internet trading. The proposals incorporate new guidelines which set out baseline cybersecurity requirements for internet brokers to address hacking risks and vulnerabilities and to clarify expected standards of cybersecurity controls. Some of these requirements already…
Read more
ASIC has obtained an order which requires financial services business "Yes FS" to change how it deals with its clients until the trial of proceedings for alleged breaches of the Corporations Act and ASIC Act, including breaches of the 'best interests' obligation. The Federal Court made the order against three entities operating as the "Yes…
Read more
Israel based crowdfunding company OurCrowd has announced the hiring of veteran investment banker Andy Kaye as its new President and Chief Institutional Officer. OurCrowd has two main arms - the one which invests in (mostly) tech startups, and the other which deals with the multitude of outside investors, now numbering more than 17,000. Mr. Kaye will…
Read more