However, the company is allowed to complete its own transactions or clients’ which occurred before the suspension, following client instructions….
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Whistleblower receives a $200 million award from CFTC
The CFTC explained that in order to qualify for the award, a whistleblower who provided significant information to an investigation,…
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Credit Suisse ordered to pay $475 million in charges related to Mozambican bond offerings
The SEC highlighted that this stems from Credit Suisse’s deficient internal accounting controls. The failed to properly address significant and…
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BaFin investigates trading platform coinstrades.com
Under the German Banking Act (Kreditwesengesetz – KWG), companies conducting banking business or provide financial services in Germany are required…
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CFTC brings charges in a $3.9 million forex and crypto fraud scheme
According to the CFTC, since September 2020, the defendants solicited through different channels, including Kikit’s website, over $3.9 million from…
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FINMA investigation found Credit Suisse spied on seven people
FINMA said: The way in which the observation activities were planned and carried out revealed serious shortcomings in the bank’s…
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FCA reports reviewing 514 financial promotions in the third quarter
The FCA stated: We undertake many reviews of firms’ financial promotions, which are identified through multiple sources including both consumer…
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ASIC to extend CFD trading leverage restrictions to 2031
The Aussie watchdog noted that for the first three months since the order took effect, ASIC has seen significant improvements…
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CFTC fines UBS $500K for deleted audio files
According to the regulator, before June 2019, UBS implemented multiple software systems to comply with its recordkeeping obligations. These systems…
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FMA censures Jarden Securities for DI license violations
According to the FMA, the breaches occurred between September 2015 and July 2020. Jarden, formerly NZ Capital Securities, acquired OMF…
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