Search Results for: sec
SEC Charges Unregistered Brokers in EB-5 Immigrant Investor Program
June 24th, 2015
The Securities and Exchange Commission today charged two firms that illegally brokered more than $79 million of investments by foreigners seeking U.S. residency. The charges are the first against brokers handling investments in the government’s EB-5 Immigrant Investor Program ...
Legal Suit Sheds Light on Secret Trading Technology
June 23rd, 2015
Ashbury Heights accuses former data partner of misusing intellectual property A legal dispute in San Francisco is shedding light on the secret tools that some of the biggest quantitative hedge funds, including WorldQuant LLC and Two Sigma Investments LLC, ...
ECB: TARGET2-Securities successfully launched
June 23rd, 2015
TARGET2-Securities (T2S), the Eurosystem’s landmark platform for securities settlement, started live operation this morning A first group of securities depositories and their user communities from Greece, Malta, Romania and Switzerland are now connected to T2S for settlement of euro ...
Access to the Financial Sector: A Global Perspective
June 22nd, 2015
The availability of a bank account is a big help to individuals, and to an economy. For the individual, it provides safety for saving, a channel for receiving and making payments, and the possibility of getting a loan at ...
CySec warns investors on the risks of investing in complex products
June 19th, 2015
CySec has issued a press release to warn investors to the risks of investing in complex products CySec stated that: It has come to the attention of the CySEC that retail investors are finding themselves involved in trading in complex financial ...
FIFA, Iran, HSBC Top To-Do List for Swiss Prosecutor
June 18th, 2015
After winning re-election as Switzerland’s Attorney-General on Wednesday, Michael Lauber went straight back to work. Not that he had much choice with a to-do list that’s getting longer by the day. Swiss authorities last week opened a probe into ...
SEC Announces Enforcement Action for Illegal Offering of Security-Based Swaps
June 18th, 2015
The Securities and Exchange Commission today announced an enforcement action against a company that illegally offered complex derivatives products to retail investors. The Dodd-Frank Act implemented two key requirements for any security-based swaps offering to a retail investor who ...
Grant Thornton and Foley O’Neill agree new securities finance collaboration
June 17th, 2015
Leading business and financial adviser Grant Thornton UK LLP has agreed a new collaboration with independent consultancy Foley O’Neill, which will see the two firms working together to offer specialist securities finance and collateral management consultancy services. A well-established voice ...
CySec: Renouncement of Cyprus Investment Firm licence
June 16th, 2015
The Cyprus Securities and Exchange Commission has issued a press release to inform that: On 6th June 2015, the CIF Saxo Capital Markets CY Ltd, which provided investment services via the domain www.saxomt4.com, renounced its authorization pursuant to section 24(1)(b) of ...
China securities watchdog bans illegal share financing
June 15th, 2015
China’s securities watchdog has reiterated that brokerages should not help illicit share financing, amid rising concerns on highly-leveraged capital in a bullish stock market. Securities companies were asked not to help illegal lending to share purchases, according to an ...
