Search Results for: ESMA
Fidelity Brokerage Services accused of allowing unregistered advisers to make trades through its broker-dealer platform
October 27th, 2015
Fidelity charged by Massachusetts with dishonest and unethical behavior Fidelity Brokerage Services was charged in an administrative complaint Monday with dishonest and unethical behavior by the commonwealth of Massachusetts for allowing unregistered investment advisers to make trades through the ...
A robo-adviser may be in the works for Morgan Stanley
October 23rd, 2015
Wealth Management President Gregory Fleming says a digital platform could attract younger clients to the firm Morgan Stanley may be eyeing its own robo advice platform. During the Money Management Institute fall conference on Wednesday, Morgan Stanley Wealth Management ...
Brussels orders EU countries to claw back ‘illegal’ tax rulings
October 22nd, 2015
Europe’s competition chief ordered the Netherlands to recover €20-30 million in back taxes from Starbucks on Wednesday (21 October) and told Luxembourg to claim the same amount from Fiat Chrysler Automobiles. The move is a heavy blow to profit-shielding ...
MiFID II – the road ahead
October 22nd, 2015
The financial Conduct Authority (FCA), the financial regulator of UK, has published a Speech by David Lawton, Director of Markets Policy and International, FCA, delivered at the FCA MiFID II Conference, London. David Lawton, Director of Markets Policy and ...
Amazon and New York Times battle publicly over story’s accuracy
October 21st, 2015
Two months after a damning New York Times story about Amazon’s corporate culture, the retailer has published a blistering response, accusing the paper of misrepresenting the company. The Times responded with a tough, unwavering defense of its story and ...
US, EU open free-trade talks in Miami
October 20th, 2015
Senior negotiators on a huge transatlantic trade treaty opened new talks in Miami Monday aiming to close some differences on key issues between the United States and the European Union. The 11th round of talks on the Transatlantic Trade ...
Ukraine Readies for Russia Court Battle After Debt Vote Passes
October 19th, 2015
Holders of all but one bond vote in favor of restructuring Second vote on bond held by Russia scheduled for Oct. 29 Ukraine said it is ready to go to court over a bond owed to Russia after the ...
London Stock Exchange Introduces New MifID II-Ready Trading Enhancements for Block Trades
October 15th, 2015
Latest innovation to facilitate Large-in-Scale block trading New functionalities create MiFID II compliant dark liquidity for block trades on the SETS orderbook Part of wider LSEG strategy to provide MiFID II-ready solutions London Stock Exchange today announced the introduction of new ...
Citi dials down risky block trading amid market turmoil
October 13th, 2015
Over the summer, as the U.S. stock market wobbled and then plunged 4 percent in a day, Citigroup made a tough choice: to dial down risk-taking in the bank’s capital markets group. Phil Drury and Doug Adams, then co-heads ...
Market volatility fails to dent investors’ attraction to robo-advisers
October 9th, 2015
Automated investment sites enjoyed a 57% jump in assets under management from December 2014 through July 2015 The summertime spike in market volatility failed to dent investors’ willingness to invest — or invest more of — their assets with ...
