The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Jupiter Fund Management. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…
Read moreUK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company International Securities Limited t/a Brokers Station. International Securities Limited t/a Brokers Station is not authorised by the FCA but has been targeting people in the UK…
Read moreThe Ontario Securities Commission (OSC) has announced that its Mediation Program, which began as a pilot in 2015, will continue on a permanent basis. It is the first and only program of its type offered by a securities regulator in Canada. The Mediation Program provides respondents who are represented by counsel and enforcement staff involved…
Read moreThe Hong Kong Securities and Futures Commission (SFC) has just announced that it commenced proceedings in the Market Misconduct Tribunal (MMT) against Fujikon Industrial Holdings Limited (Fujikon) for failing to disclose inside information as soon as reasonably practicable on the discontinuance of headphone production for one of the company’s top customers. The SFC has also…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Funding Circle Loans. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…
Read moreThe Moscow Exchange (MOEX) has announced that it has signed a letter of intent (LoI) on strategic cooperation with Kazakhstan Stock Exchange (KASE). The LoI was signed by Alina Aldambergen, CEO of Kazakhstan Stock Exchange, and Alexander Afanasiev, CEO of Moscow Exchange, at the annual Moscow Exchange Forum in Moscow. The agreement is designed to…
Read moreASIC has announced today that Stefan Mark Boitcheff of South Australia, has been convicted and sentenced after pleading guilty to two market manipulation-related charges in the District Court of South Australia. Mr Boitcheff was last week sentenced to one year and nine months imprisonment, with an order that he be released immediately upon entering into…
Read moreUK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company NovaTrades. NovaTrades is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…
Read moreSpaceship Financial Services Pty Ltd (Spaceship) and Tidswell Financial Services Pty Ltd (Tidswell) have each paid a $12,600 penalty for Infringement Notices issued by ASIC. ASIC's concerns related to misleading claims about the 'fundamental investment philosophy' of the Spaceship Super Fund’s "GrowthX" portfolio (Spaceship Fund), made on the fund’s website (www.spaceship.com.au) during 2017. In June…
Read moreWell, it looks like FXCM is going to soon get another logo change. Just several weeks after it rebranded by incorporating the name of its controlling parent company Leucadia National Corp (NYSE:LUK) into its own logo, FXCM is now looking at a new logo as Leucadia itself is rebranding. Leucadia announced today a number of strategic…
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