Search Results for: PRA
Morgan Stanley to pay a $13 million penalty
January 16th, 2017
The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney has agreed to pay a $13 million penalty to settle charges that it overbilled investment advisory clients due to coding and other billing system errors. The firm ...
Takata to plead guilty to criminal wrongdoing in defective airbags probe; to pay $1 billion
January 13th, 2017
Takata Corp. is expected to plead guilty to criminal wrongdoing and pay $1 billion over its handling of defective airbags, the The Wall Street Journal reported Thursday. The auto parts supplier has been under federal investigation since its rupture-prone airbags were ...
Deloitte Opens Second Blockchain Lab
January 13th, 2017
The lab in New York will focus on creating blockchain prototypes ready for integration into clients’ production systems. The solutions cultivated in the lab will be designed as “ready-to-integrate” for Deloitte’s financial services clients. The blockchain lab, its second ...
ESMA calls for consistent application of MIFIR product intervention powers
January 13th, 2017
The European Securities and Markets Authority (ESMA) has issued today an Opinion regarding the scope of the product intervention powers under the Markets in Financial Instruments Regulation (MiFIR). These powers can be exercised by both national competent authorities (NCAs) ...
A multibillion-dollar natural gas boom may reunify Cyprus
January 12th, 2017
A potential energy boom in Cyprus could spur a deal to reunify the ethnically-divided island after more than 40 years. A breakthrough may come at a United Nations-brokered multilateral summit in Geneva this week. The island nation has discovered ...
EEX Group achieves yet another record year in 2016
January 11th, 2017
Double-digit growth on the core markets – Product portfolio expanded – PXE becomes part of EEX Group The European Energy Exchange (EEX) successfully continued its growth story and was able to significantly increase its trading volumes in 2016. On ...
ECB on pan-European instant payment solutions
January 11th, 2017
The European Central Bank (ECB) has published a Keynote speech by Yves Mersch, Member of the Executive Board of the ECB, at the French Payments Committee conference on “Technological innovations in payments and beyond”, Banque de France, Paris, 6 ...
AMF sets specifics for its ban on the advertising of the riskiest products
January 11th, 2017
A major investor protection milestone: the AMF sets specifics for its ban on the advertising of the riskiest products For several years, the AMF has focused its attention on exposing the danger posed to retail investors by highly speculative ...
TRADOLOGIC to Partner with Leverate
January 10th, 2017
Leverate and Tradologic, two industry leaders in technology solutions for the financial investment industry, have welcomed the New Year by announcing their partnership. The decision to collaborate, will enable Tradologic’s binary clients (Brokerages) to branch into the full range ...
Bitcoin’s Price Volatile at $900 as China Concerns Linger
January 10th, 2017
Bitcoin prices experienced intense price volatility on 9th January, continuing a trend that’s been the new normal since late last week. Prices fell nearly 5% in less than two hours across global exchange today, declining from an opening price ...
