Search Results for: Securities and Exchange Commission
BCSC issued a warning against a Binary Options trading platform based in Bulgaria
July 18th, 2016
The British Columbia Securities Commission (BCSC) has issued a warning to inform regarding binary options trading platform DGI Market owned and operated by D.G.I. Market Ltd. According to BCSC, DGI Market claims to be based in Bulgaria and offers ...
Investment advisory firm agreed to pay $300,000 to settle SEC charges
July 15th, 2016
The Securities and Exchange Commission today announced an enforcement action against an investment advisory firm that failed to properly prepare clients for additional transaction costs beyond the “wrap fees” they pay to cover the cost of several services bundled ...
BCSC is warning for a binary options trading platform not authorised
July 12th, 2016
The British Columbia Securities Commission (BCSC) has issued a warning to inform regarding BigOption, operated by Wirestech Limited. According to BCSC, BigOption claims to be based in London, England, and offers an on-line binary options trading platform. BCSC became aware that a British ...
Merrill Lynch Paying $10 Million Penalty for Misleading Investors
June 24th, 2016
The Securities and Exchange Commission today announced that Merrill Lynch has agreed to pay a $10 million penalty to settle charges that it was responsible for misleading statements in offering materials provided to retail investors for structured notes linked ...
UK-Based Trader charged for hacked into the online brokerage accounts of numerous investors
June 23rd, 2016
The Securities and Exchange Commission today announced it has obtained an emergency court order to freeze the assets of a United Kingdom resident charged with intruding into the online brokerage accounts of U.S. investors to make unauthorized stock trades ...
SEC bars electronic company’s corporate officials for accounting fraud
June 10th, 2016
The Securities and Exchange Commission today announced that it has barred a former corporate vice president and suspended a former controller behind false accounting at a New York-based electronics company. An SEC investigation found that IEC Electronics Corp. improperly ...
CySec announced approved Administrative Services Providers
June 2nd, 2016
CySec has issued announcements to inform regarding the approval of two firms as Administrative Services Providers (ASP). According the announcements, the below firms have been approved: 1) Scivias Trust Management Ltd Corner John Kennedy & Irakli Araouzou Str., Christiana ...
Brokerage firm agreed to pay $300,000 to settle SEC charges
June 2nd, 2016
The Securities and Exchange Commission today charged a Wall Street-based brokerage firm with failing to sufficiently evaluate or monitor customers’ trading for suspicious activity as required under the federal securities laws. An SEC investigation found that Albert Fried & ...
BCSC added Ava Trade in Investment Caution List
May 31st, 2016
British Columbia Securities Commission (BCSC) has issued a warning to inform investors and public regarding on-line broker Ava Trade Ltd. Ava Trade Ltd. claims to be a regulated on-line broker, based in the British Virgin Islands. BCSC recently became ...
Gold Sinks as Dollar Gets Boost From Yellen; Japan’s Stocks Rise
May 30th, 2016
Yen drops to one-month low as Abe aide signals tax-hike delay Yuan retreats as PBOC sets weakest fixing in five years Gold fell for the ninth day in a row, its longest losing streak in a year, and the ...
