Search Results for: ADS Securities
Investing in Gold? What year 2017 shows
January 9th, 2017
Should you invest in gold in 2017? Gold investment demand tends to go up when the world economy is uncertain and volatile. 2016 was an archetypal game of two halves for gold investors. From January up until early June, ...
SEC Awards $5.5 Million to Whistleblower
January 9th, 2017
The Securities and Exchange Commission today announced an award of more than $5.5 million to a whistleblower who provided critical information that helped the SEC uncover an ongoing scheme. According to the SEC’s order, the whistleblower was employed at ...
Deutsche Bank settles tax fraud suit for $95 million
January 6th, 2017
Deutsche Bank AG agreed Wednesday to pay the U.S. government $95 million to settle a tax fraud lawsuit. The suit, filed in 2014, claimed the German bank used shell companies to evade paying tens of millions of dollars in ...
SIX Swiss Exchange reports trading turnover CHF 1,279.3 billion
January 4th, 2017
Trading turnover CHF 1,279.3 billion (-6.8% year-on-year), average daily trading turnover CHF 5.0 billion Five company IPOs on SIX Swiss Exchange in 2016 Innovation: launch of XBTR trading platform, new SwissAtMid liquidity pool and SPI Multi Premia® index family ...
CySec issued a Circular in relation to Whistleblowers
January 3rd, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular for persons wishing to report cases of actual or potential infringement of Regulation (EU) No 596/2014 on market abuse– Whistle-blowers. The Subject of the circular is “Procedures for ...
CySec announced Continuance of suspension and commencement of proceedings for the possible withdrawal of a CIF license
December 20th, 2016
Following the announcement dated 29th September 2016, the Cyprus Securities and Exchange Commission (CySec), after a decision at the meeting dated 28th November 2016, announces that the authorisation of the Cyprus Investment Firm Best Choice FBC Ltd (‘the Company’), ...
CySec warns for domains-websites not authorised to provide investment services
December 14th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors and public for domains/websites that are not owned or operated by Cyprus Investment Firms (CIFs) which have been authorised by CySec to provide investment services. ...
CySec decided to wholly withdraw the license of a Cyprus Investment Firm
December 13th, 2016
The Cyprus Securities and Exchange Commission (‘CySEC’) announces that, on its meeting of 28th November 2016, has decided, pursuant to sections 25(1)(b), 25(1)(c) and 26(4)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in ...
Shanghai stocks extended their worst losses in six months and the dollar’s rally faltered
December 13th, 2016
U.S. oil hovers below $53 a barrel after OPEC-fueled advance Shanghai share index declines as sovereign yield keeps rising Shanghai stocks extended their worst losses in six months and the dollar’s rally faltered as investors weigh the impact of ...
CySec announced Renouncement of license of Cyprus Investment Firm
December 9th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that on 09 November 2016, the CIF Airfinance Pro Ltd (the ‘Company’), renounced its authorization pursuant to section 24(1)(b) of the Investment Services and Activities and ...