Search Results for: U.S. regulator
Bitcoin vs Libra
July 22nd, 2019
Bitcoin vs Libra: Here are the key differences between the two cryptocurrencies Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they’re used. CNBC runs through the key differences between ...
Apple faces investigation over GDPR compliance
July 4th, 2019
Apple’s main regulator in the European Union, Ireland’s Data Protection Commissioner (DPC), has opened a third privacy investigation into the iPhone maker over the last few weeks, a spokesman for the DPC said on Tuesday. The probe is examining ...
European stocks traded higher Thursday; This was the strongest performer
May 16th, 2019
European stocks traded higher Thursday as markets recovered from an early rattle caused by U.S. President Donald Trump’s renewed targeting of Chinese tech firm Huawei. The pan-European STOXX 600 hit a day high in late-morning trade. The STOXX 600 ...
Forex trading scheme charged in $75 Million fraud
April 25th, 2019
The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in federal court in Florida against Sarasota area defendants Oasis International Group, Limited (OIG), Oasis Management, LLC (OM), Satellite Holdings Company (Satellite), Michael J. DaCorta (DaCorta), Joseph S. ...
Swiss bank UBS to appeal after fined 4.5 billion euros in French tax fraud case
February 21st, 2019
A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) in penalties. Shares in the Swiss bank fell as much ...
Founder of online gaming company charged for defrauding investors
February 11th, 2019
The Securities and Exchange Commission (SEC) charged Robert Alexander with fraudulently raising approximately $9 million from more than 50 individuals by selling investments in Kizzang LLC, a purported online gaming business. According to the SEC’s complaint, among other misrepresentations, Alexander ...
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 ...
SEC halts alleged insider trading ring spanning three countries
December 7th, 2018
The Securities and Exchange Commission (SEC) has filed insider trading charges against an IT contractor and two others he illegally tipped with confidential client information he stole while working in the Singapore branch of an investment bank. The SEC ...
New wave of FX manipulation lawsuits
November 16th, 2018
A group of large institutional investor plaintiffs filed a lawsuit on 07 November, in the US District Court in Manhattan, in a action linked to proce rigging in the FX markets. Amongst the several named plaintiffs are BlackRock Inc, ...
As Oil Plunges, Energy Junk Bonds Turn Dangerous — Again
November 14th, 2018
Back in 2104 oil was falling and hundreds of billions of dollars of energy junk bonds and leveraged loans looked to be at risk. Wolf Street had this to say at the time: “Oil and Gas ...
