Category: Financial Services

Euronext announces a new suite of ESG-focused products
June 17, 2020 BY Steffy Bogdanova

Euronext announces a new suite of ESG-focused products

Euronext is prepared for investors taking ESG criteria into consideration in their investment strategies and has developed a suite of innovative solutions for listed companies through its Corporate Services offering.  The ESG Advisory services are tailor-made and allow issuers to reach new investors by clarifying their ESG strategy for capital markets and building their ESG…

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AFCA discloses the details of 680 non-compliant firms
June 16, 2020 BY Steffy Bogdanova

AFCA announces the details of non-compliant firms

The AFCA membership ensures financial firms meet their legal obligations when they are operating as an Australian Financial Services Licensee, Australian Credit Licensee, are a Superannuation Trustee or are an Authorised Credit Representative. The Authority attempted to contact the firms in question and to invite them to contact their tram to discuss payment options for…

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fca warning
June 16, 2020 BY Steffy Bogdanova

BillionsFX, Investpedia and others added to FCA warning list

BillionsFX Telephone: +447933140942 Website: https://www.billionsfx.co.uk Investpedia Address: 13 Finsbury, London, NW2 50Q Email: [email protected] Website: www.investpedia.co.uk Retire Young FX Email: [email protected] Website: https://www.retireyoungfx.com Instagram: @retireYoungFX; @Iamsulaymanahmed HW Securities Address: Unit A & B 19/F United Centre, 95 Queensway, Hong Kong; 77 Sir John Rogerson's Quay, Grand Canal Dock, Dublin, Ireland, D02 VK60; Millennium Tower, Osloer…

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IEX launches gas trading platform in India
June 15, 2020 BY Steffy Bogdanova

IEX launches gas trading platform in India

Rajiv Srivastava, Managing Director and CEO, IEX and Director, IGX commented: It is a proud moment for us to launch Indian Gas Exchange. IEX, over the last 12 years has successfully furthered government’s agenda of 24 x7 power for all through technology-led electricity markets. We now endeavour to build gas markets in the country to…

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Canadian regulator BCSC warns against Highgoldminings.com, Crypto Hallmark Investment and others
June 15, 2020 BY Steffy Bogdanova

Canadian regulator BCSC warns against Highgoldminings.com, Crypto Hallmark Investment and others

Cryptominas is based in Canada and offers an automated platform that allows investors to earn profits daily with different investment plans in cryptocurrency trading. However, the company does not appear to be registered to trade in BC. Crypto-ct.com (Crypto-ct) is based in Asia and offers an online cryptocurrency trading platform. A crypto trading platform may…

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Societe Generale
June 15, 2020 BY Steffy Bogdanova

ASIC places new licence conditions on Societe Generale

The Australian regulator has requested that SocGen to appoint an independent expert to assess and test its controls, systems and processes to ensure compliance and identify any deficiencies and set out any remedial action. The additional AFS license conditions also require SocGen to provide attestations from a qualified senior executive and a board member that…

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FCA investigates Coronavirus scams
June 15, 2020 BY Steffy Bogdanova

Broker defrauds seniors out of nearly $1 million

Justin Jeffries, Associate Regional Director for the SEC's Atlanta Regional Office said: Far too often, veterans and seniors who depend on their investments for retirement income are targeted by fraudulent schemes. As alleged in our complaint, Stow took advantage of these seniors, abusing his access to their brokerage accounts to generate income for himself. The…

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Online marketplace Trustify Inc. and its founder charged in $18.5 million fraud
June 12, 2020 BY Steffy Bogdanova

SEC stops Covid-19 microcap fraud scheme

Paul Levenson, Director of the SEC’s Boston Regional Office commented: Microcap stocks can be particularly vulnerable to manipulative schemes, and investors should be alert to the heightened risks that exist during this national emergency. The SEC will continue to act quickly to protect investors from investment scams, including those seeking to capitalize on the COVID-19…

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Cboe Global Markets
June 11, 2020 BY Steffy Bogdanova

Board of directors of Cboe Global Markets approve $250 million share buyback

Ed Tilly, Chairman, President and Chief Executive Officer, Cboe Global Markets commented: The capital allocation actions we have taken year-to-date, including our strategic acquisitions, share repurchase activity and increased share repurchase authorization, reinforce our capital allocation priorities of investing in the growth of our business, maintaining a strong and flexible balance sheet, and returning excess…

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