Search Results for: PRA
Financial service firms spend $1.2 billion per year on consolidated market data feeds
June 3rd, 2016
The financial services industry spends more than $1.2 billion annually on consolidated market data feed products, according to a new report from Greenwich Associates. The new Greenwich Report, Revitalizing the Consolidated Real-Time Feed Business, presents the results of a ...
CFTC Orders Bitcoin Exchange Bitfinex to Pay $75,000
June 3rd, 2016
CFTC Orders Bitcoin Exchange Bitfinex to Pay $75,000 for Offering Illegal Off-Exchange Financed Retail Commodity Transactions and Failing to Register as a Futures Commission Merchant The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously ...
The European Central Bank keeps key interest rates at historic lows
June 2nd, 2016
The European Central Bank held key interest rates at historic lows Thursday, but made no announcement regarding Greece despite speculation it may offer a helping hand to its cash-strapped banks. Meeting in the Austrian capital instead of its usual ...
ESMA publishes Q&A on CFDs and other speculative products such as binary options and rolling spot forex
June 2nd, 2016
The European Securities and Markets Authority (ESMA) has published today an updated version of its question and answer document (Q&A) on the application of the Markets in Financial Instruments Directive (MiFID) to the marketing and sale of financial contracts for difference ...
ASIC targets mid-tier brokers on how they are managing conflicts of interest
June 2nd, 2016
The financial regulator is worried about how mid-tier research and broking firms are managing conflicts of interest. Australian Securities and Investments Commission chairman Greg Medcraft has told a large gathering of stockbrokers the regulator has concerns about how some research ...
What happens next if Britain votes to leave the EU?
June 2nd, 2016
The first hours By the early hours of Friday 24 June, it will be clear if the UK has defied the experts and pollsters by voting to leave the European Union. If that happens, a shattered David Cameron, his leadership ...
The Five Most Useful Properties of Bitcoin
June 2nd, 2016
Bitcoin has received plenty of hype as the money of the future over the past few years, but what are the properties of this digital asset that set it apart from everything else on the market? What are the ...
Brokerage firm agreed to pay $300,000 to settle SEC charges
June 2nd, 2016
The Securities and Exchange Commission today charged a Wall Street-based brokerage firm with failing to sufficiently evaluate or monitor customers’ trading for suspicious activity as required under the federal securities laws. An SEC investigation found that Albert Fried & ...
First book on Luxury Law launched at Lux Law Summit
June 1st, 2016
The first global ‘Luxury Law’ comparative publication, edited by Fabrizio Jacobacci, will help brand managers and legal practitioners protect their brands across borders. Leading luxury lawyer Fabrizio Jacobacci has produced the first ‘Luxury Law’ jurisdictional comparative book to help ...
Global Law firm announced new association in Southeast Asia
June 1st, 2016
Leading global law firm Hogan Lovells has announced today that it will enter into an association with Indonesian law firm, Dewi Negara Fachri & Partners (DNFP). The association becomes effective from 1 June 2016. Hogan Lovells has also recruited ...
