Search Results for: legal
Chinese investors trade way more often than Americans
April 2nd, 2015
One of the easiest ways to mess up your investment portfolio is by tinkering with it too much. That’s when pesky fees and human error tend to drag down performance. Unless you get super lucky, this common mistake can ...
EU Lays Groundwork for Antitrust Charges Against Google
April 2nd, 2015
Regulator seeks permission to publish complaints against Internet giant in long-running probe Europe’s competition regulator is preparing to move against Google Inc. in the next few weeks, a person familiar with the matter said Wednesday, setting the stage for charges against the ...
Banks Are Poised to Profit From Forex Tumult
April 2nd, 2015
Swiss central bank’s surprise January move led to volatility that can help Wall Street The big currency swings of the past three months have whipsawed many investors. Wall Street may end up loving the action. As U.S. banks closed ...
Ex-federal agents charged with stealing Silk Road-related bitcoins
March 31st, 2015
Two former federal agents have been charged with stealing hundreds of thousands of dollars worth of bitcoin during the investigation of the Silk Road dark web marketplace. Carl Force, a special agent with the Drug Enforcement Administration (DEA), and ...
Citigroup Report Chides Law Firms for Silence on Hackings
March 31st, 2015
Every month it seems another American company reports being a victim of a hacking that results in the theft of internal or customer information. But the legal profession almost never publicly discloses a breach. The unwillingness of most big ...
CySec informs for acquisition of CIF (Cyprus Investment Firms) licence
March 30th, 2015
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “M.G.T.M. Financial Services Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under ...
European Central Bank and Bank of England announce measures to enhance financial stability
March 30th, 2015
European Central Bank and Bank of England announce measures to enhance financial stability in relation to centrally cleared markets in the EU The European Central Bank (ECB) and the Bank of England (BoE) are today announcing a series of ...
FCA lambasted by MPs over insurance market panic
March 27th, 2015
The Financial Conduct Authority has still not learnt from last year’s calamitous “pre-briefing” of insurance market reforms, and its chief executive, Martin Wheatley, is still in denial about what went wrong, a committee of MPs warns today. The Treasury ...
SEC Charges Nearly Two Dozen Unregistered Broker-Dealers
March 27th, 2015
The Securities and Exchange Commission today charged nearly two dozen companies and individuals who regularly bought and sold securities on behalf of a suburban Chicago-based trading firm without registering with the SEC as a broker-dealer as required under the ...
Derivatives under MiFID II: Time for equal access
March 26th, 2015
Verena Ross, Executive Director of ESMA, recently delivered a keynote speech to the ABA/Law Society Capital Markets Conference in London. Her speech focused on the importance of increasing transparency in MiFID II “in a manner that does not “damage”, ...
