So far, the agency has awarded over $939 million to a total of 182 individuals since the first award was issued in 2012. Payment of the awards is taken out of an investor protection fund set up by Congress. It is financed through monetary sanctions of security law violations paid to SEC. To be eligible…
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The second fund that Global X has added is the Global X Telemedicine & Digital Health ETF. This fund is focused on the healthcare market. Telemedicine uses video conferencing to provide faster service to patients, and digital healthcare aims to improve the analytics behind the diagnosis. Both of these funds have a large grounding in…
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William Knottenbelt, Senior Managing Director and Head of International, CME Group, said: In the second quarter of this year, we saw strong interest across our international client base, especially in our Agricultural products which established record quarterly volumes. We are committed to continuing to provide a robust, liquid and regulated marketplace for clients to manage…
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The June 2021 growth, when compared to June 2020, was in line for both the total volume growth and ADV growth. Increasing from 234,193,000 to 264,230,000 total contracts, this translates as a 12.8% increase. The ADV has increased from 10,645,000 to 12,010,000. As the number of trading days are the same for both, the percentage…
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Derivatives Market Derivatives Market volumes saw an increase of 9.62% MoM to reach RUB 11.4 trillion (May 2021: RUB 10.4 trillion) or 147.1 million contracts (May 2021: 143.4 million), of which 143.6 million contracts were futures and 3.4 million contracts were options. ADTV was RUB 517.7 billion (May 2021: RUB 518.2 billion). By the end…
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The Acting Director of Enforcement, Vincent McGonagle commented: As today’s enforcement action shows, the CFTC will vigorously investigate and seek to hold accountable those who make false promises and misappropriate customer funds. The CTFC is seeking a number of charges to be filed against all six defendants. This includes restitution paid to victims, the return…
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One tragic impact of Robinhood’s failures was the suicide of a 20-year-old trader. FINRA noted that the trader had turned margin off on his Robinhood account, so was shocked to find margins had been used. On top of this, the Robinhood app showed a negative balance on his account, which wasn’t accurate. Robinhood’s behaviour directly…
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So far, the agency has awarded over $938 million to a total of 179 individuals since the first award was issued in 2012. Payment of the awards is taken out of an investor protection fund set up by Congress. It is financed through monetary sanctions of security law violations paid to SEC. To be eligible…
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The SFC reported that in July 2018, Deutsche Securities’ prime brokerage clients replied to the incorrect statements and oversold bonus shares issued by three Hong Kong-listed firms. The regulator revealed that Deutsche Securities discovered the issue within the same month of issuing the incorrect statements and in the following month tracked the problem to a…
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The official complaint released on the CFTC website claims that from around October 2019 up until the past few months, the accused utilised a number of social media platforms and websites in order to falsely market their forex trading pool as an alternative to a savings account which provided a larger yield with minimal risk.…
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