Category: Financial Services

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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March 23, 2020 BY Steffy Bogdanova

Deutsche Börse launches TAIFEX data product to market data offering

Alireza Dorfard, Head of Data Services at Deutsche Börse commented: The product launch marks another milestone in the successful market data partnership between Deutsche Börse and TAIFEX. Under the partnership, which has been in place since 2016, Deutsche Börse acts as licensor of TAIFEX market data to all international clients. Clients can conveniently access data…

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fca warning
March 20, 2020 BY Steffy Bogdanova

New companies and clone firms added to FCA warning list

CCX Markets/ Online Media Solutions LTD Address: 3 Cavendish Row, Dublin 1 D01A2T5, Ireland and Suite 305, Griffith Corporate Centre P.O. Box 1510, Beachmont Kingstown, St. Vincent and Grenadines Telephone: +442038077885 Email: [email protected] and [email protected] Website: https://www.ccxmarkets.com Trafalgar Group (clone of UK registered public company) Telephone: 08708200071; 0845528061; 07469889888; +13232757293; +79670963187; +74996851810 Email: [email protected]; [email protected]…

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ASIC suspends AFS license
March 20, 2020 BY Steffy Bogdanova

ASIC suspends Longhou Capital Markets Pty Ltd's AFS licence

Until 13 March, Longhou  has 18 representatives with authorization, providing financial services on the company's behalf. The suspension of Longhou 's AFS licence means that the representatives must immediately cease providing financial services Read More: ASIC releases new regulation for foreign financial services providers ASIC takes steps to ensure stability of Australian equity market ASIC cancels RVM Capital’s…

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regulations
March 20, 2020 BY Steffy Bogdanova

EU financial regulators protect the market by banning short selling

On Wednesday, the Financial Services and Markets Authority (FSMA) of Belgium announced a ban on entering into a short sale. It might constitute or increase a net short position on stocks admitted to trading to Belgian trading venues. The short sale prohibition includes: “any transaction which creates, or relates to, a financial instrument and where…

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bscs warning
March 19, 2020 BY Steffy Bogdanova

Canadian regulator BCSC warns against MetaProTrader

The regulator has become aware that MetaProTrader has accepted funds from a British Columbia (BC) resident. However, MetaProTrader is not authorized to trade in, or advise on, securities or exchange contracts in BC. BCSC urges BC residents to exercise caution when dealing with firms that are not registered to trade or advise in BC. Read more…

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