Search Results for: sec
Oil prices fall after 8% jump the day before
December 27th, 2018
Oil fell on Thursday after soaring 8% in the previous session, as worries over a glut in crude supply and concerns over a faltering global economy pressured prices even as a stock market surge offered support. Brent crude oil ...
JPMorgan to pay more than $135 million to settle charges
December 27th, 2018
The Securities and Exchange Commission (SEC) announced that JPMorgan Chase Bank N.A. will pay more than $135 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs). ADRs – U.S. securities that represent foreign shares of ...
Bitcoin could be overseen by UK’s financial regulator
December 21st, 2018
The UK government has said it stands ready to empower Britain’s financial regulator to oversee all cryptocurrency assets, after a warning from MPs that bitcoin and other cryptocurrencies were “wild west” assets that exposed consumers to a host of ...
ESMA agreed to renew the restriction on contracts for differences (CFDs)
December 21st, 2018
The European Securities and Markets Authority (ESMA) has agreed to renew the restriction on the marketing, distribution or sale of contracts for differences (CFDs) to retail clients, in effect since 1 August, from 1 February 2019 for a further ...
Telecoms drag European stocks lower
December 21st, 2018
European stocks were lower Friday morning, with the prospect of further hikes in U.S. borrowing costs prompting investors to rush out of crowded trades. The pan-European Stoxx 600 was down around 0.3 percent during early morning deals, with most ...
Bitcoin rallies; Other top cryptocurrencies followed
December 20th, 2018
After weeks of pain for the world’s largest cryptocurrency, bitcoin surged 10 percent to a high of $3,929.10 on Wednesday morning, according to data from CoinDesk. The performance brought bitcoin’s three-day gains to more than 22 percent. Other top ...
Pound to Dollar rose, Euro little changed; Events investors will focus on in the coming days
December 20th, 2018
Stocks and U.S. futures tumbled in Asia, with Japanese equities sliding into a bear market as investors expressed concern about a lack of relief from the Federal Reserve’s monetary tightening. The sell-off that began Wednesday afternoon with Fed Chairman ...
Alert! Cryptocurrency fraudsters are using cryptocurrencies to swindle consumers
December 19th, 2018
The Financial Services and Markets Authority (FSMA), an autonomous public institution that supervises the Belgian financial sector, has issued a warning to inform consumers for cryptocurrency fraud. In accordance the warning, despite its earlier warnings, the FSMA continues to ...
The main moves in financial markets; Financial events coming up this week
December 17th, 2018
Stocks traded mixed in Asia, following two weeks of losses driven by a backdrop of uncertain trade conditions and signs that some key economies are slowing. Treasury yields steadied just below 2.90 percent. U.S. equity futures advanced with stocks ...
Bitcoin headed for another weekly slump on Friday
December 14th, 2018
Bitcoin headed for another weekly slump on Friday, with the largest cryptocurrency heading closer to $3,000 — a level unseen since September last year. The largest digital currency edged 0.5 percent higher to $3,272 at 9:35 a.m. in Hong ...
