Search Results for: MoU
Why free trade and open markets in financial services matter; Andrew Bailey, FCA Chief Executive
July 11th, 2017
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has released a speech by Andrew Bailey, Chief Executive of the FCA, at Reuters Newsmaker event. According the release: Note: this ...
Ethereum Traders File Class Action Lawsuit Over Kraken Flash Crash
July 6th, 2017
A class-action lawsuit has been filed against cryptocurrency exchange startup Kraken over issues stemming from its management of a May flash crash. Less than two months later, five customers of the exchange are alleging negligence, breach of contract and ...
CySec announced settlement with a Cyprus Investment Firm for possible violations of the Law
July 5th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to make publish its decision about reach a settlement with a Cyprus Investment Firm (CIF). According the announcement: CySec, under article 37(4) of the Cyprus Securities and Exchange Commission ...
HSBC Predict Pound to Euro Exchange Rate at 1:1
July 4th, 2017
HSBC Predict Pound to Euro Exchange Rate at 1:1, say Bank of England Rate Rise Would Actually be Bad for Sterling Markets have got it all wrong – a Bank of England interest rate rise will not in fact ...
Oil and Gas Company and Top Finance Executives Charged with Accounting Fraud
June 29th, 2017
The Securities and Exchange Commission (SEC) charged a Canadian-based oil and gas company and three of its former top finance executives for their roles in an extensive, multi-year accounting fraud. The SEC’s complaint alleges that Penn West Petroleum Ltd., which ...
EU fines Google €2.42 billion for manipulating search engine results
June 27th, 2017
Antitrust: Commission fines Google €2.42 billion for abusing dominance as search engine by giving illegal advantage to own comparison shopping service The European Commission has fined Google €2.42 billion for breaching EU antitrust rules. Google has abused its market ...
CBOE Holdings Announces Pricing of Senior Notes Offering
June 27th, 2017
CBOE Holdings, Inc. (BATS: CBOE | NASDAQ: CBOE) announced that it priced an underwritten public offering of $300 million of its 1.950% Senior Notes due 2019. The offering is expected to close on June 29, 2017, subject to the ...
ASIC commences proceedings against former managing director of Banksia Securities Limited
June 27th, 2017
ASIC has commenced civil penalty proceedings in the Federal Court of Australia in Melbourne against Patrick John Godfrey, former managing director of Banksia Securities Limited (In Liquidation) (Receivers and Managers Appointed) (Banksia). ASIC alleges that: Banksia’s financial reports for ...
Teenage bitcoin millionaire can see the cryptocurrency’s value shooting as high as $1 million
June 22nd, 2017
If this teen entrepreneur, high-school dropout and bitcoin millionaire has any predictive powers at all, then we’ve hardly seen the top of the market for the hot cybercurrency. Meet Erik Finman, who started picking up bitcoin at $12 apiece ...
Uber founder Travis Kalanick resigns as C.E.O.
June 21st, 2017
Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and that he built into a transportation colossus, after a shareholder revolt made it untenable for him to stay on ...
