New Zealand FMA adds Karatbars to its warning list LeapRate

May 04, 2020 BY Steffy Bogdanova

New Zealand FMA adds Karatbars to its warning list

New Zealand watchdog FMA found that other regulators have also cautioned about Karatbars: BaFin (German Federal Financial Supervisory Authority) Financial Sector Conduct Authority (FSCA), South African regulator British Columbia Securities Commission Autorite des Marches Financiers (AMF), Quebec Bank of Namibia (BoN) Read More: New Zealand FMA adds Techvision to its warning list New Zealand FMA…

April 30, 2020 BY Steffy Bogdanova

Canadian regulator BCSC warns against i-Coin, BTCExch and others

Richfield Capital Limited dba Analysed Options provides services through a online trading platform and claims to be based in Texas, US. The company operates through website http://www.analysed-options.online. The BCSC has found that Analysed Options accepts fund from British Columbia citizens, however the company has not been registered or authorized to trade in, or advise on,…

April 30, 2020 BY Steffy Bogdanova

ASIC bans Spectrum Wealth financial adviser

ASIC found Myers to lack adequate training and competence to provide financial services. SMSF may impact customers’ retirement savings and advisers must take the personal circumstances of their clients into account when recommending the establishment of SMSFs. ASIC also banned a New South Wales adviser Alexander Bruce Thomas for a period of three years. Thomas…

April 29, 2020 BY Steffy Bogdanova

New Zealand FMA adds Techvision to its warning list

New Zealand watchdog FMA also reported that Techvision is not registered as a financial service provider and it is unable to offer financial services to New Zealand residents. Read More: New Zealand FMA adds accessfinancenz.com to its warning list New Zealand FMA adds MetalsWise to its warning list New Zealand FMA adds Horse Forex and Whitley…

April 29, 2020 BY Steffy Bogdanova

Cryptotraderoptions, SLBE BVBA and others added to FCA warning list

Cryptotraderoptions Address: 66 Great Suffolk St, London, SE1 0BL, UK Telephone: +15203650313 Email: [email protected] Website: https://cryptotraderoptions.com/en/ SLBE BVBA (clone of EEA authorised firm) Address: The Shard, 32 London Bridge St, London, SE1 9SG, United Kingdom Telephone: 02036036294 Email: [email protected] Website: www.slbe-bvba.com Alpstone Capital Services Limited (clone of FCA authorised firm) Telephone: +44(0)203 745 9198 Email:…

April 29, 2020 BY Steffy Bogdanova

Whistleblower receives $18 million award from SEC

So far, the agency has awarded over $448 million to 81 individuals for their help since the first award was issued in 2012. Payment of the awards is taken out of an investor protection fund set up by Congress. It is financed through monetary sanctions of security law violations paid to SEC. To be eligible…

April 27, 2020 BY Steffy Bogdanova

Hong Kong SFC advises brokers to be cautious in trading crude oil futures and ETFs

Ashley Alder, the SFC’s Chief Executive Officer said: The crude oil market has recently experienced unprecedented volatility, which significantly increases the risks of trading crude oil-related financial products. Firms should prudently manage these risks to protect investors. In a separate letter, the SFC cautioned managers of SFC-authorised futures-based ETFs to remain careful and ensure that…

April 23, 2020 BY Steffy Bogdanova

New Zealand FMA adds accessfinancenz.com to its warning list

The website is not associated or authorised by the company Access Finance Limited, registered in New Zealand. Read More: New Zealand FMA adds MetalsWise to its warning list New Zealand FMA adds Horse Forex and Whitley Trading Group to its warning list New Zealand FMA adds Tiger Brokers (NZ) and Profit Bitcoin to its warning list

April 23, 2020 BY Steffy Bogdanova

Kensington Bonds Group, Standard FX Option and others added to FCA warning list

Kensington Bonds Group Address: Stamford St, Bishop's, London SE1 9NN, United Kingdom Telephone: 0203 769 2577 Website: https://kensingtonbondsgroup.co.uk Standard FX Option / StandardFXOption Address: 123 Fifth Avenue, Lane no 17, New York NY688101 Telephone: 123-456-7890/91 Email: [email protected] Website: https://standardfxoption.com Atlas FMI (clone) Telephone: 0208 059 9763, 0208 059 9773, 07537153331, 02038075171, 07537 156312, 0203 670…

April 22, 2020 BY Steffy Bogdanova

Canadian regulator BCSC warns against TradexOption

British Columbia regulation require for a trading platform to be recognized as an exchange and registered as a dealer. TradexOption has not complied with these requirements. The regulator advices caution when dealing with cryptocurrency trading platforms that have not been registered in the BCSC. Read more warnings from BCSC: Canadian regulator BCSC warns against Zen…

Category: Regulation