Search Results for: ADS Securities
CySec warns public for unauthorised investment firms
October 5th, 2015
The Cyprus Securities and Exchange Commission (CySec), the regulatory authority in Cyprus, has issued a press release to warn public in relation with two unauthorised Firms. Specific, CySec warns that the companies ‘Fundsaver Services Ltd’ (www.everyoption.com) and ‘Option500’ (www.option500.com): ...
CySec issued warning regarding www.500option.com
September 28th, 2015
The Cyprus Securities and Exchange Commission (CySec), the regulatory authority in Cyprus, has issued a press release to warn public in relation with an Unauthorised Firm. Specific, CySec warns that the company ‘Fundsaver Services Ltd’ (www.500option.com): 1. Is not permitted to ...
Asian Shares Mostly Down; Singapore Enters Bear Market
September 28th, 2015
Japan shares fall as investors rethink likelihood of easing Japanese shares led Asian markets lower Monday, as investors reconsidered the prospects for further monetary easing, while stocks elsewhere mostly fell as evidence of China’s slowdown continues to build. The ...
CySec announces the suspension of the authorisation of CIF ‘Falcon Brokers Ltd’
September 24th, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that: The authorisation of the Cyprus Investment Firm ‘Falcon Brokers Ltd’, number 128/10, is suspended, pursuant to section 26(2) of the Investment Services and Activities ...
CySec announced an administrative fine to a Firm providing Administrative Services
September 24th, 2015
The Board of the Cyprus Securities Exchange Commission (‘CySEC’) would like to inform the public that, at the meeting held on August 3rd, 2015, decided to impose an administrative fine of €10.000 to Fellaco Services Ltd for violating section 5(1) of ...
Texas Man Admits to Bitcoin Ponzi Scheme
September 22nd, 2015
Trendon Shavers pleads guilty to a charge of securities fraud A Texas man admitted Monday to running a bitcoin Ponzi scheme, which at one time controlled about 7% of digital currency in circulation, in what authorities described as the ...
CySec informs that a firm providing Administrative Services waived its authorisation
September 18th, 2015
The Cyprus Securities and Exchange Commission (CySec) has issued an announced to inform that: On 27th July 2015, the Company Providing Administrative Services STM (Cyprus) Ltd (the ‘Company’), waived its authorization pursuant to section 16(1) of the Law Regulating Companies Providing Administrative ...
Asian stocks climb amid Fed rate wait, but China lags
September 17th, 2015
Asian stocks advanced on Thursday, as investors eyed gains in oil prices and the positive lead from Wall Street. However, trade volumes could stay light as investors await the Federal Reserve‘s policy decision. The Fed’s Federal Open Market Committee (FOMC) ...
SEC Charges Three RMBS Traders With Defrauding Investors
September 9th, 2015
The Securities and Exchange Commission today announced fraud charges against three traders accused of repeatedly lying to customers relying on them for honest and accurate pricing information about residential mortgage-backed securities (RMBS). The SEC alleges that Ross Shapiro, Michael ...
UBS Building Virtual Coin For Mainstream Banking
September 7th, 2015
Swiss bank UBS is working on a prototype virtual currency that it hopes will be used by banks and financial institutions as a basis to settle mainstream financial markets transactions. But unlike the bitcoin digital currency, the Swiss bank’s ...
