Category: Regulation

Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
May 12, 2017 BY Valentina Kirilova

SEC charges law firm partner in $1 million insider trading scheme

The Securities and Exchange Commission (SEC) charged a former partner at an international law firm and his neighbor with making more than $1 million in illicit profits by insider trading around corporate announcements. The SEC alleges that Walter C. Little accessed confidential documents on his law firm’s internal computer network related to at least 11…

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fca warning
May 12, 2017 BY Valentina Kirilova

FCA warns against Clayton Wealth Advisory firm

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 firm Clayton Wealth Advisory/ Clayton Worth Advisory / Clayton Wells. Clayton Wealth Advisory/ Clayton Worth Advisory / Clayton Wells is not authorised by the FCA but has…

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amf
May 11, 2017 BY Valentina Kirilova

AMF consults on changes to its General Regulation ahead of MiFID II

As part of the reform of its markets in financial instruments directive, on 7 April 2016 the European Commission adopted a delegated directive that sets out provisions on the safeguarding of financial instruments and funds, product governance and inducements. Ahead of the directive’s transposition into the General Regulation, the Autorité des Marchés Financiers (AMF) has…

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fma warning
May 11, 2017 BY Valentina Kirilova

Hong Kong SFC adds Ocean Star Capitals to its alert list

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…

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sfc warning
May 10, 2017 BY Valentina Kirilova

Hong Kong SFC adds SwissMain to its alert list

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…

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fma warning
May 10, 2017 BY Valentina Kirilova

Hong Kong SFC adds M-Markets to its alert list

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…

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fca warning
May 10, 2017 BY Valentina Kirilova

FCA warns against ExxonFX firm

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 firm ExxonFX. ExxonFX is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…

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