Search Results for: ASIC
Venezuela will push for an oil price band at South American and Arab nations meeting
November 5th, 2015
Venezuela to push for oil price bands at Arab nations meeting Venezuela will push for an oil price band proposal at an upcoming summit in Saudi Arabia between South American and Arab nations, President Nicolas Maduro said. OPEC price ...
Snapshots of Well-Being Across High-Income Countries
November 4th, 2015
Well-being is a multidimensional concept, for countries as well as for individuals. Thus, in the recent OECD report “How’s Life 2015: Measuring Well-Being,” the emphasis goes well beyond basic one-dimensional measures of well-being like per capita GDP and offers comparisons ...
Commodities Trader Found Guilty in ‘Spoofing’ Case
November 4th, 2015
Michael Coscia faces up to 25 years in prison with sentencing scheduled for March A Chicago jury found a New Jersey-based commodities trader guilty of 12 counts of fraud and manipulating the futures market on Tuesday in a major ...
Bitcoin Is Suddenly Surging Again
November 3rd, 2015
And there are various theories behind the rise. Bitcoin is back in the news, but this time it seems to be for all the right reasons. After a blockbuster 2013, the digital currency tumbled throughout 2014 on negative headlines, such as the February ...
KPMG leads AIM audit market while BDO dominate oil & gas
November 3rd, 2015
KPMG reigns supreme with 152 AIM clients, marginally above BDO which has amassed just two fewer clients, the October 2015 Adviser Rankings reveal. Mazars increased its client count, and posted a 50% uplift in client market cap to catapult them ...
OCM pays $30,600 penalty for misleading advertising
November 3rd, 2015
O.C.M. Online Capital Markets Pty Ltd (OCM) has paid $30,600 in penalties after ASIC issued three infringement notices for false or misleading online advertising. Each infringement notice imposed a penalty of $10,200. The advertisements and e-mails promoted OCM’s margin ...
Bitcoin blunders its way to an ASX listing
November 2nd, 2015
ASX hopeful Bitcoin Group has delayed its listing after running into trouble with the corporate watchdog over claims Prime Minister Malcolm Turnbull is a shareholder and “misstatements” about the company’s profitability. Bitcoin, which counts former St Kilda president and former NewSat director ...
Fiat money quantity update
October 30th, 2015
After a few months of slower growth, FMQ has picked up again. FMQ is the sum of True Money Supply (as defined by the Austrian School of Economics), plus the banking system’s reserves and other banking-related liabilities on the ...
FINRA warns that trading Binary Options can be extremely risky
October 27th, 2015
The Financial Industry Regulatory Authority (FINRA) issued a new Investor Alert, Binary Options: These All-Or-Nothing Options Are All-Too-Often Fraudulent. FINRA published the alert to warn investors that trading binary options can be extremely risky. Unlike other types of options ...
Why We’re Ungovernable, Part 11: Portugal Stages A Coup
October 26th, 2015
Wow. Portugal just did something extraordinary. In its most recent election, parties of the left — anti-austerity, anti-business, mistrustful of the euro and other extra-national institutions — gained a parliamentary majority, which gives them the right to form a ...
