Category: Financial Services

CFTC offices

September 27, 2017 BY Valentina Kirilova

CFTC approves delegated authority provisions for designated contract markets

The U.S. Commodity Futures Trading Commission (CFTC) announced that has adopted final rules delegating authority to CFTC staff, under the agency’s system safeguards rules, to notify each designated contract market (DCM) annually of whether it is a “covered DCM” as that term is defined in CFTC Regulation 38.1051(h)(1). This annual notice will also inform each…

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clone firm FCA warning

September 27, 2017 BY Valentina Kirilova

FCA warns against Pascal Grande Capital Partners clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Pascal Grande Capital Partners. 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…

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insider trading

September 26, 2017 BY LeapRate Staff

Zacks Small Cap Research analyst Jason Napodano charged with Insider Trading on his own reports

The U.S. Securities and Exchange Commission has charged a stock market analyst with insider trading prior to the publication of research reports and articles he authored with the false disclaimer that he wasn’t trading in the companies being covered. He agreed to settle the charges and be barred from trading in penny stocks for the…

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fma warning

September 26, 2017 BY Valentina Kirilova

French AMF warns against a number of unlicensed FX brokers

The Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) have just published g a list of new websites and entities offering investments on the unregulated foreign exchange (Forex) market in France, without authorisation to do so. Here is the list of new websites recently identified: www.1875-financeinvest.com / 1875…

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Moscow Exchange MOEX

September 26, 2017 BY Valentina Kirilova

MOEX average daily trading volume up 3% MoM in August

Moscow Exchange (MOEX) just released its monthly market report for the month of August and the trading volume of stocks totalled RUB 809 bln. The average daily trading volume was RUB 35.2 bln, up 3% MoM. The T+2 sector made up 93% of the total secondary market trading volume and the T0 sector accounted for…

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September 26, 2017 BY Valentina Kirilova

Daiwa Asset Management selects FTSE Blossom Japan Index for ESG ETF

FTSE Russell announced the licencing of the FTSE Blossom Japan Index to Daiwa Asset Management. The Daiwa ETF FTSE Blossom Japan Index (ticker: 1654), listed on Tokyo Stock Exchange today and is part of a new range of ESG-focused exchange traded funds (ETFs). The ETF is also the first to be tracking the FTSE Blossom…

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clone firm FCA warning

September 26, 2017 BY Valentina Kirilova

FCA warns against Instant Lolly clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Instant Lolly. 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 to…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks

September 26, 2017 BY Valentina Kirilova

SEC announces enforcement initiatives to combat cyber-based threats and protect retail investors

As a follow up news today, the Securities and Exchange Commission (SEC) just announced two new initiatives that will build on its Enforcement Division’s ongoing efforts to address cyber-based threats and protect retail investors. The creation of a Cyber Unit that will focus on targeting cyber-related misconduct and the establishment of a retail strategy task…

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clone firm FCA warning

September 26, 2017 BY Valentina Kirilova

FCA warns against Speed Finance UK clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Speed Finance UK. 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…

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September 26, 2017 BY Valentina Kirilova

CBOE VIX options set new daily volume record

CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that trading volume in options on the CBOE Volatility Index® (VIX®) reached a new all-time high on Monday, September 25. In VIX options at CBOE, a reported 2,612,952 contracts traded on Monday, surpassing the previous single-day record of 2,538,121 contracts on Thursday, August 10, 2017. Four of the…

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