Netherlands regulator AFM warns against the business practices of Florijn Duurzaam Wonen LeapRate

May 17, 2017 BY Valentina Kirilova

Netherlands regulator AFM warns against the business practices of Florijn Duurzaam Wonen

The Dutch Authority for the Financial Markets (AFM) issued a warning to consumers regarding the business practices of Florijn Duurzaam Wonen B.V. Florijn Duurzaam Wonen offers bonds in the Netherlands. Based on information on its website, the AFM suspects that Florijn Duurzaam Wonen is providing false information to consumers when offering these securities. Florijn Duurzaam…

May 17, 2017 BY Valentina Kirilova

FCA warns against Finance Active UK Limited 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 Finance Active UK Limited. Finance Active UK Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying…

May 17, 2017 BY Valentina Kirilova

ASIC to appoint liquidators to Courtenay House companies

Following an application by ASIC, the Supreme Court of NSW has made orders, by consent, for the winding up of Courtenay House Capital Trading Group Pty Ltd and Courtenay House Pty Ltd (Courtenay House companies) and the appointment of Said Jahani and John McInerney, of Grant Thornton, as joint liquidators to both companies. ASIC sought…

May 16, 2017 BY Valentina Kirilova

FCA warns against Security Capital Consultants 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 Security Capital Consultants. Security Capital Consultants is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks

May 16, 2017 BY Valentina Kirilova

SEC names Robert B. Stebbins as General Counsel

The Securities and Exchange Commission (SEC) announced that Robert B. Stebbins has been named General Counsel of the agency. The General Counsel is the chief legal officer of the agency, providing a variety of legal services to the Commission and staff. Bob is an exceptional attorney and counselor, and I know his depth of knowledge…

May 16, 2017 BY Valentina Kirilova

FCA warns against VRS Law 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 VRS Law Firm. VRS Law Firm is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

FINRA's 2018 volume tops 2017 activity by 87%

May 16, 2017 BY Valentina Kirilova

FINRA reviews rules on outside business activities and private securities transactions

The Financial Industry Regulatory Authority (FINRA) today requested comment on its rules governing outside business activities and private securities transactions as part of a new retrospective rule review. The review aligns with the ongoing FINRA360 initiative, a comprehensive review of the organization’s operations and programs. The review centers on rules governing broker-dealer employees’ business and…

May 16, 2017 BY Valentina Kirilova

FCA warns against Norde Bank clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Norde 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 tactics to…

UN report says North Korea laundered $2 billion theft via Hong Kong firm

May 16, 2017 BY Valentina Kirilova

Former head traders at Nomura Securities charged with fraud

The Securities and Exchange Commission (SEC) charged a pair of former head traders who ran the commercial mortgage-backed securities (CMBS) desk at Nomura Securities International Inc. (ADR) (NYSE:NMR) with deliberately lying to customers in order to inflate the profits of the CMBS desk and line their own pockets as a result. Just last month SEC…

May 16, 2017 BY Valentina Kirilova

Belize regulator IFSC warns against forex broker Fixed Star Investment Inc.

Belize financial regulator IFSC (International Financial Services Commission) has issued a warning regarding retail forex brokerage firm Fixed Star Investment Inc., operating from website http://fxsfx.com/en/index.html. It has come to the notice of the IFSC that an entity calling itself ‘Fixed Star Investment Inc.’ is falsely and fraudulently claiming to hold a trading in securities licence…

Category: Regulation