Category: Financial Services

fca warning
March 25, 2020 BY Steffy Bogdanova

Parantoux Trading, Capital Seven and others added to FCA warning list

Parantoux Trading Address: Two International Finance Centre 8 Finance Street, Central, Hong Kong; 745 Fifth Avenue, Suite 500, New York, NY 10151; Level 42, Suntec Tower Three 8 Temasek Boulevard Singapore 038988; GBC, 12 Tuckey's Lane, Gibraltar GX11 1AA Telephone: +85258033608; +13472693170; +6531580466; +35022504016 Email: [email protected]; [email protected]; [email protected]; [email protected] Website: www.parantouxtrading.com Capital Seven / Capital…

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March 25, 2020 BY Steffy Bogdanova

New Zealand FMA adds Tung Shun Securities and AB Research Partners to its warning list

The agency reported to have received a report from a New Zealand resident who was cold-called by Tung Shun Securities Limited regarding investment opportunities in AB Research Partners Inc. Neither of the two companies, Tung Shun Securities Limited and AB Research Partners Inc, has been registered as a financial service provider in New Zealand. The companies are…

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March 25, 2020 BY Steffy Bogdanova

SEC charges penny stock dealer for failing to register

Carolyn Welshhans, Associate Director in the Division of Enforcement stated: The privilege of being a dealer in our securities market comes with important responsibilities and regulatory obligations, including submitting to regulatory inspections and oversight of operations. By failing to register with the Commission, Mr. Keener evaded important safeguards that help protect the integrity of our…

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TMX Group
March 24, 2020 BY Steffy Bogdanova

Toronto Stock Exchange and TSX Venture Exchange to take relief measures for listed insurers in response to Covid-19

Loui Anastasopoulos, President, Capital Formation, TMX Group said: The profound impacts of the COVID-19 crisis are being felt across all industries and companies, including emerging and established listed companies in Canada and around the world. Public companies play a vital role in the success and long-term viability of Canada's economy and constitute a crucial segment…

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March 24, 2020 BY Steffy Bogdanova

SEC temporarily allows additional flexibility to investment companies affected by Covid-19

Chairman Jay Clayton commented: Today’s temporary action will provide an additional tool that funds can use to manage their portfolios for the benefit of their investors in the current market environment. This action provides funds with additional flexibility to navigate volatile markets while meeting their obligations to investors. The temporary flexibility is a latest step…

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Whistleblower
March 24, 2020 BY Steffy Bogdanova

Whistleblower awarded $1.6 Million

Jane Norberg, Chief of the SEC’s Office of the Whistleblower commented: The violations would have been difficult to detect without the whistleblower’s information and assistance. This matter highlights the importance of the SEC’s whistleblower program to the agency’s enforcement efforts and to its ability to maximize staff resources. So far, the agency has awarded over…

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fca warning
March 24, 2020 BY Steffy Bogdanova

Grandefex, Assured Finances, Purple Finance Cards and others added to FCA warning list

Grandefex Address: Cnr Old and Church Street, P.O. Box 2290, Roseau, Commonwealth of Dominica and Muelle de Barcelona, edif. Sur, 2ª Planta, Barcelona, Cataluña, 08039, Spain Telephone: +44 203 912 1385 Email: [email protected] Website: https://grandefex.com Assured Finances Address: 2 Hardman Square, Spinningfields, Manchester, M3 3EB Telephone: 0161 505 1854, 1161 850 0797 Email: [email protected] Website:…

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