The U.S. Securities and Exchange Commission (SEC) today announced its highest-ever Dodd-Frank whistleblower awards, with two whistleblowers sharing a nearly $50 million award and a third whistleblower receiving more than $33 million. In total - more than $88 million paid out by the SEC. The previous high was a $30 million award in 2014. Jane…
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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 Gainmax Capital Limited. Gainmax Capital 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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ICO issuer Black Cell Technology Limited (Black Cell) announced that it has halted its initial coin offering (ICO) to the Hong Kong public and agreed to unwind ICO transactions for Hong Kong investors by returning them the relevant tokens following regulatory action by the Hong Kong Securities and Futures Commission (SFC) over concerns that Black…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Firefly 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 to…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Centillion General Holding Limited. 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…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cater Marcela Cunderle. 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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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 Amadicia Ltd/ Epic Ventures Ltd t/a 72 Option. Amadicia Ltd/ Epic Ventures Ltd t/a 72 Option is not authorised by the FCA but has been targeting…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cater Allen Private Bank. 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…
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Diamonds, rare earths, wine or “crypto assets”: intermediation in miscellaneous assets may cover several sectors. Since July 2017, the Autorité des marchés financiers (AMF) has been providing a list of unauthorized diamond investments platforms. Later on, the AMF decided to include in this list other miscellaneous assets proposals. From now on, companies proposing to invest…
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The Ontario Securities Commission (OSC) announced that fee rates under OSC Rule 13-502 Fees and OSC Rule 13-503 (Commodity Futures Act) Fees will remain unchanged for a period of two years, starting April 1, 2018. The OSC is funded by fees from market participants and typically re-evaluates its fee levels every three years. Rates were…
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