Search Results for: US authorities
As Bitcoin ETF Nears, Analysts Warn of Trading Frenzy
February 7th, 2017
If the Securities and Exchange Commission approves a bitcoin exchange-traded fund next month, it might set off a speculative rush into bitcoin. An easily accessed ETF that tracks the value of bitcoin could cause money to flood into the ...
Price controls and propaganda
February 5th, 2017
Most economists agree on one thing; price controls do not work. Many go on to say they create shortages of goods, which inevitably drives black market prices even higher than they would otherwise be. Price controls were last tried ...
International law firm appoints team from PwC and establishes international tax disputes practice
February 3rd, 2017
Bird & Bird has today launched an international tax disputes practice based in the UK, with the appointment of a team from PricewaterhouseCoopers (‘PwC’). Andy Brown and Julian Balson join as partners, along with Ben Holloway as Legal Director, ...
ESMA updates Q&A on MiFID II implementation and EMIR
February 3rd, 2017
The European Securities and Markets Authority (ESMA) has published an update of its Q&A on practical questions regarding the European Markets Infrastructure Regulation (EMIR) and an updated Q&As document regarding the implementation of the Market in Financial Instruments Directive ...
CySec has issued a Circular for market particpants
February 1st, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform regarding MAR Guidelines on Information relating to commodity derivatives markets or related spot markets for the purpose of the definition of inside information on commodity derivatives ...
The seven simple rules on how to avoid Forex scams
January 30th, 2017
Forex scams are common despite the fact that regulatory authorities around the world are actively trying to set regulations and rules to protect investors and public from fraudsters. Forex market is still unregulated to a large extent and fraudsters ...
Italian policymaker links bitcoin to mafia-controlled casino ops
January 26th, 2017
Bitcoin is giving Italian mobsters a legal way to enter the gambling industry. That was the bold claim made by Lucrezia Ricchiuti, who is convinced that the popular digital currency can be linked to casino operations runs by the ...
Investigators turn attention to second forex fraud
January 25th, 2017
As the man behind a Dh50 million foreign exchange scheme that promised to double investors’ money is arrested for a second time, investigators are now turning their attention to a second forex fraud believed to have snared thousands of ...
Yahoo Faces SEC Probe Over Data Breaches
January 23rd, 2017
U.S. authorities are investigating whether Yahoo Inc.’s two massive data breaches should have been reported sooner to investors, according to people familiar with the matter, in what could prove to be a major test in defining when a company ...
Western Union agreed to pay $586m for Anti-Money Laundering Violations
January 20th, 2017
Western Union Admits Anti-Money Laundering and Consumer Fraud Violations, Forfeits $586 Million in Settlement with Justice Department and Federal Trade Commission Company also Agrees to Implement Anti-Fraud Program and Enhanced Compliance Obligations in Agreements with Federal Authorities The Western ...
