Search Results for: assets
Swiss lawyer jailed for telling tales about Russian business clients to British and US agencies
June 7th, 2018
Matthew Parish, a lawyer from Geneva, has been sentenced to two months in a Swiss jail for libel and breaking attorney-client privilege after two Russian oil traders accused him of blackmailing them. According to a criminal complaint filed against ...
South Korean Supreme Court rules Bitcoin is an asset
June 6th, 2018
South Korean Supreme Court just ruled that bitcoin is a legally recognizable asset. The landmark ruling occurred on May 30, 2018, and it overturns a decision made by one of the country’s lower courts in a case dating back ...
Société Générale to pay millions for LIBOR and Euribor manipulation charges
June 5th, 2018
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against Société Générale S.A. (Société Générale or the Bank) for attempted manipulation of and false reporting in connection with the London Interbank Offered Rate (LIBOR) for ...
AMF warns retail investors and public about aggressive “boiler room”
June 5th, 2018
The Autorite des Marches Financiers (AMF), an independent public authority in France responsible for ensuring that savings invested in financial products are protected, that investors are provided with adequate information and supervising the orderly operation of markets, has issued ...
Global investment adviser to pay $8 million civil penalty
June 5th, 2018
The Securities and Exchange Commission announced that New York-based investment adviser deVere USA, Inc. has agreed to pay an $8 million civil penalty related to its failure to disclose conflicts of interest to its retail clients. The settlement will ...
5 Tips to Buying Bitcoin in Canada
June 4th, 2018
With over a million dollars’ worth of volume bought and sold every day, Bitcoin remains one of the hottest digital assets traded by millions of speculators from all over the world. Backed by the power of blockchain technology, cryptocurrencies ...
The Securities and Exchange Commission charges 13 private fund advisers
June 4th, 2018
The Securities and Exchange Commission today announced settlements with 13 registered investment advisers who repeatedly failed to provide required information that the agency uses to monitor risk. According to the SEC’s orders, the advisers failed to file annual reports ...
Traders: What key events to watch this week; Euro and Asian stocks gain
June 4th, 2018
Asian stocks gained after U.S. jobs data bolstered optimism in the world’s largest economy, all but firming an interest rate increase from the Federal Reserve later this month. The dollar and the yen weakened as demand for haven assets ...
Stocks take battering as Italian crisis roils financial markets
May 30th, 2018
Asian stocks extended a global sell-off on Wednesday as Italy’s political crisis rippled across financial markets, toppling the euro to a 10-month low, pushing up Italian borrowing costs and sending investors rushing to safe-haven assets such as U.S. Treasuries. ...
Traders: Key events to watch this week; Ten-year Treasuries rallied
May 29th, 2018
Ten-year Treasuries rallied alongside core European bonds as the political crisis in Italy deepened, triggering risk-off trading across many global markets. Losses for the euro mounted and the region’s stocks sold off, while the dollar edged up. The benchmark ...
