Search Results for: Securities and Exchange Commission
FXCM to Sell FXCM Hong Kong to Rakuten Sec
May 29th, 2015
FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange (FX) trading and related services, announced that Forex Trading, LLC, a subsidiary of FXCM Newco, LLC (“FXCM”) has signed a definitive agreement to sell FXCM Asia Limited (“FXCM Hong Kong”) to Rakuten Securities, Inc. (“Rakuten Sec”), a ...
BCSC informs for a binary options firm not registered in BC
May 28th, 2015
BC Securities Commission issued an announcement regarding a binary options trading firm Citrades purports to be a binary options trading firm with offices in Africa, Asia, Australia, Europe and the United States. Citrades allowed a British Columbia (BC) resident ...
SEC Charges Deutsche Bank With Misstating Financial Reports During Financial Crisis
May 27th, 2015
The Securities and Exchange Commission today charged Deutsche Bank AG with filing misstated financial reports during the height of the financial crisis that failed to take into account a material risk for potential losses estimated to be in the ...
Top news of the day, May 22
May 22nd, 2015
1.The dollar edged lower versus a basket of majorcurrencies on Friday in the wake of unimpressive U.S. economic data, with investors awaiting speeches by major central bankers. The dollar index slipped 0.2 percent to 95.117, having backed off from ...
SEC Charges Brokerage Firm Co-Owners With Defrauding Investors
May 21st, 2015
The Securities and Exchange Commission today announced fraud charges against the co-owners of a Manhattan-based brokerage firm. The SEC alleges that as Arjent LLC and its UK-based affiliate Arjent Limited were approaching insolvency, chairman and CEO Robert P. DePalo ...
Top news of the day, May 20
May 20th, 2015
1. As Greek government officials expressed their confidence that a deal with the country’s creditors is close, top European officials indicated Tuesday that although there has been progress in negotiations, an agreement is unlikely before the end of the ...
U.S. SEC a stumbling block in banks’ forex guilty pleas – sources
May 15th, 2015
Banks want assurances from U.S. regulators that they will not be barred from certain businesses before agreeing to plead guilty to criminal charges over the manipulation of foreign exchange rates, causing a delay in multibillion-dollar settlements, people familiar with ...
Playtech Plc: Completion of the acquisition of TradeFX Limited (“TradeFX”)
May 11th, 2015
Playtech (LSE: PTEC) announced that all outstanding conditions relating to the acquisition of TradeFX have now been satisfied, including the approval of the Cyprus Securities and Exchange Commission, and the transaction has completed. The financial statements of TradeFX will ...
Credit Suisse dropped SEC waiver request amid opposition – sources
May 5th, 2015
Credit Suisse (CSGN.VX) has quietly withdrawn a request for a waiver to raise capital more easily, after U.S. Securities and Exchange Commission staffers told the bank in recent weeks it would not win approval, people familiar with the matter told ...
Morgan Stanley Says Litigation with Deutsche Bank Could Cost It Around $300 Million — Filing
May 5th, 2015
Suit over legacy-mortgage matters continues Morgan Stanley said on Monday that a continuing lawsuit with Deutsche Bank over legacy mortgage matters could cost it nearly $300 million. In April 2014, Deutsche Bank accused Morgan Stanley in a complaint of making false representations ...
