Search Results for: SEC
U.S. District Court finds that virtual currencies are commodities
October 9th, 2018
On September 26, 2018, Senior Judge Rya W. Zobel of the U.S. District Court for the District of Massachusetts, entered an order holding that the Commodity Futures Trading Commission (CFTC) has the power to prosecute fraud involving virtual currency ...
U.S. Dollar rises as optimism on economy grows
October 9th, 2018
The U.S. dollar rose Monday as investors continue to bet on the country’s robust economic growth. The WSJ Dollar Index, which measures the currency against a basket of 16 others, rose less than 0.1% to 90.26, snapping a two-day ...
Investors Alert: The Cyprus financial regulator issued warnings
October 8th, 2018
The Cyprus Securities and Exchange Commission (CySEC) has issued warnings to inform investors that the websites binatex.com and primustrades.com have not been authorised by CySEC, and the company Brisk Liquidity Ltd through the website www.briskliquidity.nz, uses the name of ...
U.S. and Australian financial regulators sign FinTech Cooperation Arrangement
October 8th, 2018
The U.S. Commodity Futures Trading Commission (CFTC) and the Australian Securities and Investments Commission (ASIC) signed an arrangement to cooperate and support innovation through each other’s financial technology (FinTech) initiatives – CFTC’s LabCFTC and ASIC’s Innovation Hub. “The signing ...
Pan-European Stoxx 600 was down Monday morning; Auto stocks led the losses
October 8th, 2018
European markets were lower Monday morning, following broad declines in Asia after China’s central bank cut its reserve requirements for banks. The pan-European Stoxx 600 was down around 0.5 percent during early morning deals, with most sectors and major ...
The Association of Corporate Counsel Europe elects new president
October 5th, 2018
The Association of Corporate Counsel Europe (ACC Europe), serving over 2500 lawyers practicing in corporations and other organizations throughout Europe, has announced Hans Albers, chief of staff legal and associate general counsel, Juniper Networks, has been elected president of the ...
ESMA issued a notice on product intervention renewal decision in relation to binary options
October 4th, 2018
On 21 September 2018, the European Securities and Markets Authority (ESMA) adopted a Decision under Article 40 of Regulation (EU) No 600/2014 to prohibit the marketing, distribution or sale of binary options to retail clients. The Decision renews and ...
Early Stocks Review: Shares in Europe moved higher on Wednesday
October 4th, 2018
The pan-European Stoxx 600 was 0.3 percent higher with almost every sector in positive territory. In Italy, the FTSE MIB, jumped 1.2 percent in early deals. The Italian newspaper Corriere della Sera reported Wednesday that the government is planning ...
Tesco Bank fined £16.4m
October 3rd, 2018
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has fined Tesco Personal Finance plc (Tesco Bank) £16,400,000 for failing to exercise due skill, care and diligence in protecting its ...
Dollar stands tall, euro sags as Italian political woes bite
October 3rd, 2018
The dollar stood near a one-month high against its peers on Wednesday as concerns as political wrangling over Italy’s budget plan rattled market sentiment and weighed on the euro. The greenback rose as the euro slumped after a senior ...
