Search Results for: Commodity Exchange Act
New fees of the Moscow Exchange Derivatives Market
September 13th, 2016
At its meeting on 9 September, the Supervisory Board adopted new tariffs for the Moscow Exchange Derivatives Market on the back of a new billing concept. The tariffs were agreed with the MOEX Derivatives Market Committee in August. The ...
My Global Leverage and its owner fined for Illegal and Off-Exchange Precious Metals Transactions
September 2nd, 2016
The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Andrew P. Gordon of the U.S. District Court for the District of Nevada entered an Order of default judgment (Order) against My Global Leverage, LLC (MGL), which did business in Las ...
Cryptocurrency exchanges under attack, risking repeat of Mt. Gox debacle
August 31st, 2016
When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cybertheft — the second largest by an exchange since hackers took roughly ...
Cyber threat grows for bitcoin exchanges
August 29th, 2016
When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cyber theft — the second largest by an exchange since hackers took ...
CFTC announced fines for fraud on Forex commodity pool
August 23rd, 2016
CFTC Orders California Resident Irina Feldman and her Companies Cindium Inc. and Einstein Exchange Group Inc. to Pay More than $600,000 for Solicitation Fraud and Misappropriation in Commodity Pool Scheme All of Pool Participants’ Funds Were Misappropriated to ...
Moscow Exchange Announces 2Q 2016 Results
August 9th, 2016
Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the second quarter 2016. Earnings growth was supported by an increase in fee and commission income from all trading markets across the Exchange’s diversified ...
Bitcoin experts are having a spat on whether it’s a currency or a commodity
August 2nd, 2016
Bitcoin experts have weighed into a debate regarding the legal status of the cryptocurrency following a ruling by a Florida judge last week. Florida judge Teresa Pooler dismissed felony charges including money laundering against Michell Espinoza, who had sold ...
CFTC: Over $2.7 Million penalty for a Commodity Pool Fraud
June 23rd, 2016
Federal Court Orders Dante S. Giovannetti and His Companies Emini Experts, LLC and Capital Trading Concepts LLC to Pay over $2.7 Million in Restitution and Monetary Penalties for Commodity Pool Fraud and Other Violations of the Commodity Exchange Act ...
Bitcoin exchange Quoine raises $20m venture investment
June 21st, 2016
Quoine, a Singapore-based Bitcoin exchange, has closed a $20 million funding round, leveraging off the large opportunity for Bitcoin in the Japanese market, led by venture capitalists (VCs) and other ‘strategic investors’. It’s last funding round was a $2 million ...
CFTC ordered a $2.4 Million penalty for Illegal Off-Exchange Precious Metals Transactions
June 21st, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Beth Bloom of the U.S. District Court for the Southern District of Florida granted the CFTC’s motion for entry of final default judgment Order against Defendants Harvard Assets LLC (Harvard ...
