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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MAS’ investigation found that between June 2011 and April 2018 TTSL had failed to follow MAS’s requirements on AML/CFT regulation. Firstly, TTSL failed to verify source of wealth trust settlers who posed a higher risk of money laundering and terrorism financing. The company also failed to regularly monitor or scrutinize the transactions of trust relevant…
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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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The website imitates the management company Golding Capital Partners (Luxembourg) S.à r.l., an authorized company by the CSSF. However, the website has not relation to the company. The official warning can be seen here. Find more warnings from CSSF: Luxembourg regulator CSSF warns against Alysa Group Luxembourg regulator CSSF warns against SAP one
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Berwick Asset Management Address: Badenerstrasse 313, 8003, Zurich, Switzerland Telephone: 02038080415, 02038080428 Email: [email protected] Website: www.berwickassetmanagement.com Flairfinance Asset Management (clone of Appointed Representative firm) Address: 11 Brookbridge Court, 1189 Melton Road, Syston, Leicester, LE7 2JT; 5 Brookbridge Court, 1189 Melton Road, Syston, Leicester, LE7 2JT Telephone: 0753 718 5457, 07384 964457 Email: [email protected] Website: www.flairfinance.com,…
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GOLD Volatility remains the dominant scenario on markets with gold proving no exception. The price jumped to $1,550, before collapsing again below $1,500. In this phase, we are seeing a positive (direct) correlation between stock markets and gold, which should not be a big surprise as every time there is a market sharp fall, many traders…
Read morePreviously, the court gave partial summary judgement Westport Capital and McClue were in violation of the Investment Advisers Act by aiding and abetting unauthorized principal transactions. The trail examined whether the defendants acted intentionally or not. On Monday, jurors returned a verdict in the SEC's favor on these counts. Adam Aderton, Co-Chief of the SEC's…
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Robert Scharfe, CEO of the Luxembourg Stock Exchange commented: The launch of FundsDLT is an important step toward our shared goal of promoting the adoption of blockchain and digital assets across the financial industry. The Luxembourg Stock Exchange has played a catalyzing role in this development, and it is exciting to see the expanding ecosystem…
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UK watchdog FCA has put out the details of several new unregulated companies, as well as few clone firms this week. The names of the latest additions to the regulator’s warning list are the companies Ignis Markets, Standard Bit Options, Carter FS, My Safe Market, Credit Union Fund, Walker Bryan, Bitcoin Evolution, STS Royals, and…
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The Cyprus Securities and Exchange Commission (CYSEC) announced yesterday the suspension of Cyprus Investment Firm (CIF) authorisation of the company M.G.T.M. Financial Services Ltd. The regulator suspended CIF licence 270/15 of M.G.T.M. Financial Services Ltd, due to the company’s decision to expressly renounce it. The complete announcement can be seen here. Read more recent regulation…
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