The UK Financial Conduct Authority (FCA) has put out details of the cloned firm My-PersonalLoan. 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 scam…
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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 company Fieldbase Investments Limited. Fieldbase Investments Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The Ontario Securities Commission (OSC) has just warned investors that HQBroker is not registered to sell securities in Ontario. HQBroker manages the website hqbroker.com, where it claims to offer a variety of trading solutions to retail and institutional investors through contracts for difference, derivatives and forex currency pairs. The Securities and Futures Commission of Hong…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Equiniti Financial Services. 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…
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Competition is working well for most consumers using investment platforms, according to interim findings of the Financial Conduct Authority (FCA)'s market study into investment platforms, published today. However, the FCA's interim findings reveal concerns about how platforms compete for particular groups of consumers. Given the rapid growth in this market, the FCA has proposed measures…
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The Financial Industry Regulatory Authority (FINRA) has informed the public that it has processed an unprecedented amount of market activity through the first six months of 2018, averaging a record 57.9 billion electronic records per day during the period — a 62% increase over the average daily volume in 2017. FINRA’s pioneering cloud strategy has…
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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 company LS Traders. LS Traders 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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The Hong Kong Securities and Futures Commission (SFC) announced that amendments to the Securities and Futures (Professional Investor) Rules (PI Rules) have come into operation today. The categories of professional investors have been expanded to include holding companies which wholly own another corporation which is itself a qualified professional investor. Directors of holding companies should…
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Belize financial regulator IFSC has issued a Warning Notice regarding a company called Sigma market, operating via website www.sigma-market.com. The entity is not licensed under the IFSC Act to provide, carry on, transact, or hold himself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule…
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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 company Spot2Trade Ltd. Spot2Trade Ltd 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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