Search Results for: CIF
The stock market correction has arrived in Europe
February 7th, 2018
The stock market correction arrived in Europe on Tuesday. The punishing global stocks rout pushed key indexes in Germany, Spain and Sweden into correction territory, meaning they have dropped 10% or more from recent highs. All three benchmark indexes ...
Oil rises on report of lower U.S. crude inventories
February 7th, 2018
Oil prices rose on Wednesday amid a share market recovery and supported by a report that U.S. crude inventories fell last week, although analysts warned that soaring U.S. output and a seasonal demand drop could soon weigh on crude. ...
CySEC fined €30.000 a Cyprus Investment Firm
February 6th, 2018
The Board of the Cyprus Securities and Exchange Commission (‘the CySEC’) has issued today an announcement to inform the public that, at the meeting held on 20th November 2017, decided to impose an administrative fine of €30.000 to the CIF ...
Institutional brokerage provider fined $1.5 Million
February 6th, 2018
The Financial Industry Regulatory Authority (FINRA) announced that it has fined Wedbush Securities Inc. $1.5 million for violating the Securities and Exchange Commission’s (SEC) Customer Protection and Net Capital Rules, and for related supervisory and books and records failures. ...
Regulator calls on Google to ban ads for binary options, cryptocurrencies
February 6th, 2018
Following Facebook’s announcement last week that it was banning all advertising for binary options, cryptocurrencies and initial coin offerings, a Canadian regulator has called on Google to do the same. Jason Roy, a senior investigator at the Manitoba Securities ...
CySEc decided to withdraw the authorization of a Cyprus Investment Firm
February 6th, 2018
The Cyprus Securities and Exchange Commission (‘CySEC’) has issued an announcement to inform that, on its meeting of 25th September 2017, has decided, pursuant to sections 25(1)(b) and 26(4)(b) of the Investment Services and Activities and Regulated Markets Law ...
U.S. stock futures headed lower; Euro little changed, Pound and Aussie were steady
February 5th, 2018
Asian equities fell and U.S. stock futures headed lower, extending the biggest selloff for global stocks in two years as investors adjusted to a surge in global bond yields. Shares sank across the region, with Japan’s benchmarks falling the ...
CySec announced the authorisation of two Cyprus Investment Firms
February 5th, 2018
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued two announcements to inform that new companies have been approved by the Commission as Cyprus Investment Firms (CIFs). According the announcements, the firms Grandis ...
Gold-Backed Cryptocurrencies: Icing On An Already Tasty Cake
February 2nd, 2018
The blockchain has discovered gold (or gold has discovered the blockchain). Either way, this means several things. First, the decades-long dream of a gold-backed cybercurrency may finally be realized. Second, gold and probably silver are looking at a big ...
Stocks in Europe declined; Euro declined, British pound fell, Japanese Yen dipped
February 2nd, 2018
Stocks in Europe declined following a mixed session in Asia as rising pressure on bond yields round the world stirred the Bank of Japan into action to keep rates from getting out of whack with policy targets. The Stoxx ...
