The Australian Securities and Investments Commission (ASIC) has informed the public that, following its earlier investigation, Ms Jennifer Joan Hutson, 50, of Red Hill in Queensland, has appeared before the Brisbane Magistrates’ Court on 3 April 2018 charged with: one count of dishonestly failing to exercise her powers and discharge her duties as a director…
Read moreBursa Malaysia Securities Berhad (Bursa Malaysia or the Exchange) has announced that it has made enhancements to the regulatory framework for listed collective investment scheme (CIS) and business trust under the Main Market Listing Requirements (Main LR). The CIS includes the Real Estate Investment Trusts (REITs), Exchange Traded Funds (ETFs) and Closed-End Funds (CEFs). The…
Read moreWe have received a formal statement from legal representatives of Michael Liberty, in response to SEC charges announced yesterday against Michael Liberty of a $48 million investor fraud. Jay Dubow, Esq. Pepper Hamilton LLP Philadelphia, PA 215-981-4713 [email protected] April 2, 2018 Reference: SEC Case 2:18-cv-00139-DBH Filed 3/30/2018 US District Court, District of Maine STATEMENT ON…
Read moreThe U.S. Securities and Exchange Commission (SEC) has announced that it has charged Michael Liberty, the founder of the fintech startup now known as Mozido Inc., with a scheme to trick hundreds of investors into investing in his shell companies instead of Mozido. According to the SEC, Michael Liberty and his accomplices allegedly stole most…
Read moreThe Financial Services Commission, Mauritius (FSC) has just announced the publication of the third study of its Policy Research series. The study is entitled “The State and Future of Social Impact Investments in Mauritius”. The study provides the building blocks of the social investment market in Mauritius, namely by analysing the main actors on the…
Read moreThe National Securities Market Commission (CNMV) has just published the following list of warnings reported on unregistered entities: MEDIA GC LIMITED (TRADEGC), MEDIAGCLTD.COM/ES MEDIA CLIENT SERVICE, S.L. For more details on the warnings, you can visit the CNMV website to view any existing warnings on unauthorized entities and other warnings. In addition, there is a search engine available at the…
Read moreThe Monetary Authority of Singapore (MAS) has announced that it is working with key industry stakeholders to develop a guide to promote the responsible and ethical use of artificial intelligence (AI) and data analytics by financial institutions. The guide will set out key principles and best practices for the use of AI and data analytics,…
Read moreJapan Exchange Group has released the trading overview (preliminary estimates) for FY2017 & March 2018. Cash Equity Market In FY2017, daily average trading value for the TSE 1st Section (domestic common stocks) reached JPY 2.957 trillion, an all-time high. In the ETF market, trading value was JPY 46.799 trillion (daily average: JPY 191 billion), the…
Read moreOn March 29, Shenzhen Stock Exchange (SZSE) held the signing ceremony of Agreements on the Listing of Securities (2018 Revision), signally the official start of work on signing the new agreements. This is another major move of SZSE to implement the newly amended Measures on the Administration of Stock Exchange (the “Measures”) for perfecting institutional…
Read moreTokyo Financial Exchange (TFX) has just released its trading volumes report with mixed results for March 2018. The trading volume of Three-month Euroyen futures was 222,918 ( +80.1% MoM / -16.3% YoY ) and its average daily volume was 10,615. 項目 March 2018 Trading Volume Daily Average Change on Previous Month Year on Year…
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