Category: Regulation

April 25, 2017 BY LeapRate Staff

Nomura Securities risk management VP charged with insider trading

The U.S. Securities and Exchange Commission today charged a vice president in the risk management department of the Nomura Securities investment banking division of Nomura Holdings Inc. (ADR) (NYSE:NMR) with insider trading on confidential information he learned in advance of a private equity firm’s acquisition of a publicly-traded technology company. The SEC alleges that New…

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fma warns against unregulated company
April 24, 2017 BY Valentina Kirilova

Italy regulator CONSOB warns against coinspace1.com and mrtmarkets.com

The National Commission for Companies and the Stock Exchange (Commissione Nazionale per le Società e la Borsa – CONSOB) has approved the prohibition of advertising via the website www.coinspace1.com in relation to the public offer for ‘cryptocurrency extraction packages’ promoted by Coinspace Ltd (Resolution no. 19968 of 20 April 2017). The offer had already been…

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MAS Monetary Authority of Singapore
April 24, 2017 BY Valentina Kirilova

Singapore Commercial Affairs Department and MAS partner industry stakeholders to fight financial crimes

The Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force today announced the launch of a government-industry partnership to strengthen Singapore’s capabilities in the fight against money laundering and terrorism financing (ML/TF). The Anti-Money Laundering and Countering the Financing of Terrorism Industry Partnership (ACIP) brings together selected industry…

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April 21, 2017 BY Valentina Kirilova

Hong Kong SFC re-appoints CEO Ashley Alder

The Securities and Futures Commission (SFC) welcomes the re-appointment of Mr Ashley Alder as its Chief Executive Officer for another three-year term effective from 1 October 2017. Mr Alder was first appointed as the SFC’s CEO on 1 October 2011. His current term will end on 30 September 2017. I am delighted that Ashley has…

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Hong Kong SFC
April 21, 2017 BY Valentina Kirilova

SFC enhances access to licensing information

The Securities and Futures Commission (SFC) today published a comprehensive Licensing Handbook to provide easier access to licensing information. The licensing section of the SFC website has also been revamped to improve the user experience. The new Licensing Handbook consolidates information previously issued by the SFC in its Licensing Information Booklet and in frequently asked…

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fca warning
April 21, 2017 BY Valentina Kirilova

FCA warns against Zeb Insurance 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 Zeb Insurance. Zeb Insurance 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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CFTC offices
April 21, 2017 BY Valentina Kirilova

CFTC charges purported hedge fund Capitol Equity FX LLC with fraud

The U.S. Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action in the U.S. District Court for the Central District of California, Eastern Division, against Capitol Equity FX LLC, a purported hedge fund operating in California, and its principals and agents, Robert Leland Johnson IV and Marisa Elena Johnson, both of…

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clone firm FCA warning
April 20, 2017 BY Valentina Kirilova

FCA warns against House of Loans clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm House of Loans. 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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fca warning
April 20, 2017 BY Valentina Kirilova

FCA warns against Zenith Investor 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 Zenith Investor. Zenith Investor 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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