Search Results for: Securities and Exchange Commission
SEC Charges Former Professional Football Player With Running $10 Million Fraud
August 11th, 2016
The Securities and Exchange Commission today charged Merrill Robertson Jr., a former player for the Philadelphia Eagles, with defrauding investors, including coaches he knew from his time playing football for the Fork Union Military Academy and the University of ...
The license of a Cyprus Investment Firm will continue to be suspended
August 10th, 2016
The Cyprus Securities and Exchange Commission has issued an announcement to inform that following previous announcements dated 27 May 2016 and 28 June 2016, the Cyprus Securities and Exchange Commission, following a decision at the meeting dated 1st August 2016, announces ...
Israeli Man Charged With Operating FOREX Ponzi Scheme
August 4th, 2016
Preet Bharara, the United States Attorney for the Southern District of New York, and Diego Rodriguez, the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced today that FADI EWIESS, a/k/a “Fadi ...
SEC reports millions dollars investment fraud
August 1st, 2016
The Securities and Exchange Commission today announced an asset freeze it has obtained against three men who aren’t registered to sell investments and allegedly went on lavish shopping sprees with more than $5 million raised from investors to purportedly ...
CFTC: Two Israeli web based binary options firms ordered to pay more than $4.5 Million
July 29th, 2016
Federal Court Orders Israeli Web-based Firms, Vault Options, Ltd. and Global Trader 365, to Pay More than $4.5 Million for Unlawful Off-Exchange Binary Options Trading, Fraud, and Registration Violations CFTC Obtains Default Judgment and Permanent Trading Ban against the ...
Global Brokers See 109 Million Reasons to Ramp Up in China
July 25th, 2016
Interative Brokers and Saxo among firms laying groundwork QDII2 program to be rolled out at ‘appropriate time’: PBOC Online brokerages from around the world are gearing up for what could be China’s biggest step yet to unleash the nation’s ...
NYC Audit Firm to pay penalty for failing to spot fraud in financial statements of a public company
July 25th, 2016
The Securities and Exchange Commission suspended an accountant for conducting a faulty audit of the financial statements of a public company that was committing fraud, and the firm where he was a partner at the time has been prohibited from ...
SEC Halts Ongoing Fraudulent Stock Scheme
July 25th, 2016
The Securities and Exchange Commission today announced it has won a court-ordered asset freeze to halt an ongoing fraud by two former brokers with disciplinary histories who allegedly raised more than $5 million from investors without using the money ...
OTC Clear Receives Regulatory Approval to Clear USD/CNH Cross Currency Swaps
July 22nd, 2016
OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), announces that the Securities and Futures Commission has granted approval of its clearing services for cross currency swaps. OTC Clear expects to launch ...
BCSC warns for a Cyprus based CFDs broker
July 22nd, 2016
The British Columbia Securities Commission (BCSC) has issued a warning to inform investors and public for XForex, owned and operated by XFR Financial Ltd, a CFDs broker (Contracts For Difference) based in Cyprus. According to the warning, the Commission became aware ...
