Search Results for: Financial Conduct Authority
Be wary of investment offers from outside the regulatory patch
April 12th, 2016
After receiving more than 2,000 complaints since July 2014, the Financial Markets Authority (FMA) is warning investors to step inside the regulatory tent for their own protection. Financial products and services from outside the perimeter of regulation are being ...
Deutsche Bank agrees to pay $4 mln for trading violations
March 31st, 2016
A Deutsche Bank AG unit will pay more than $4 million to settle allegations that it failed to properly report data on millions of options trades, according to a Financial Industry Regulatory Authority (FINRA) document. The alleged conduct between ...
FINRA and Nasdaq Fine Wedbush Securities Inc. $675,000 For Supervisory Violations Relating to Chronic Fails to Deliver by a Client in Multiple Exchange-Traded Funds
March 22nd, 2016
The Financial Industry Regulatory Authority (FINRA) and The Nasdaq Stock Market LLC (Nasdaq) announced today that they jointly censured and fined Wedbush Securities Inc. $675,000 for supervisory violations in connection with its handling of a client’s redemption activity and ...
Ex-Goldman Banker to Malaysia Fund Subpoenaed in U.S. Probe
March 8th, 2016
Prosecutors seeking information about state investment fund Outside law firm said helping Goldman review 1MDB dealings A former Goldman Sachs Group Inc. banker has become entangled in a sprawling investigation of the Malaysian state investment fund as U.S. authorities ...
ASIC warns investors about dealing with Market City International and Brokers500
March 8th, 2016
ASIC warns the public about the conduct of Market City International SRL (Market City International), a body marketing itself as BROKERS500 through the website www.brokers500.com. The website states that BROKERS500 is a leading online trading broker specialising in stocks, commodities, CFDs ...
Israeli investment company Utrade’s controlling shareholder Aviv Talmor was arrested
March 7th, 2016
Utrade controlling shareholder Aviv Talmor arrested. Talmor is suspected of fraud, running a Ponzi scheme, money laundering and managing investment portfolios without a license. Israeli investment company Utrade’s controlling shareholder Aviv Talmor was arrested by the Israel Securities Authority ...
EBA launches 2016 EU wide stress test exercise
February 26th, 2016
The European Banking Authority (EBA) released today the methodology and macroeconomic scenarios for the 2016 EU-wide stress test. The stress test is designed to provide supervisors, banks and other market participants with a common analytical framework to consistently compare ...
FINRA Bars Broker for Market Manipulation
February 23rd, 2016
Supervisor Barred from Supervising, Suspended and Fined; Additional Broker Sanctioned The Financial Industry Regulatory Authority (FINRA) announced that it has barred broker George Johnson from the securities industry for engaging in a manipulative trading scheme to artificially inflate the ...
Cross-border business with US clients: FINMA announces conclusion of proceedings against Bank Julius Baer
February 10th, 2016
Cross-border business with US clients: FINMA announces conclusion of proceedings against Bank Julius Baer Between 2010 and 2011, the Swiss Financial Market Supervisory Authority FINMA conducted enforcement proceedings against Bank Julius Baer & Co. Ltd. in relation to the ...
Deutsche Bank Jumps as Lender Said to Consider Bond Buyback
February 10th, 2016
Cryan said in memo to staff on Tuesday bank is `rock solid’ Shares jump as much as 11%, biggest intraday gain since 2011 Deutsche Bank AG jumped the most in more than four years as Germany’s biggest bank considers ...
