Search Results for: SEC
CySec announced the suspension and commencement of proceedings for the possible withdrawal of an ASP license
December 20th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that the Administrative Services provider authorisation of Blaustein Corporate Services Ltd (‘the Company’), with number 171/196, is suspended on December 8 2016, pursuant to section 15(1)(b) ...
CySec announced Continuance of suspension and commencement of proceedings for the possible withdrawal of a CIF license
December 20th, 2016
Following the announcement dated 29th September 2016, the Cyprus Securities and Exchange Commission (CySec), after a decision at the meeting dated 28th November 2016, announces that the authorisation of the Cyprus Investment Firm Best Choice FBC Ltd (‘the Company’), ...
Italy seeks to borrow 20 bln euros to prop up banking sector
December 20th, 2016
The Italian government decided on Monday to seek parliamentary approval to borrow 20 billion euros to underwrite the stability of its wobbly banking sector, starting with a likely bail-out of No. 3 lender, Monte dei Paschi di Siena, as ...
SEC Charges Three Individuals and Broker-Dealer With Violating Market Structure Rules
December 19th, 2016
The Securities and Exchange Commission today announced settled cease-and-desist proceedings against the CEO of a Utah-based broker-dealer and two registered persons associated with the firm for causing the firm’s violations of SEC market structure rules, and contested administrative and ...
Former Goldman Sachs trader refuses to return stolen trade secrets
December 19th, 2016
A former Goldman Sachs banker who stole his employer’s trade secrets has ignored an order to surrender them, in order to cash in on profits after his release from prison, a London court was told. Jurors at Southwark Crown ...
CySec approves two new Administrative Services Providers
December 19th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued announcements to inform that the Commission has approved two new firms as Administrative Services Provider (ASP). According the announcements, the below firms have been approved: a) Dynasource Consultancy Limited 67 Lemessou Avenue, ...
Dollar Extends Loss Amid Drone Concern, Oil Rises for Second Day
December 19th, 2016
China seized U.S. drone in international waters in Asia Japan shares fall for first time in three days as yen gains The dollar retreated versus most major peers, as heightened geopolitical tensions over China’s seizure of a U.S. naval ...
FED expected to raise interest rates for the second time in 10 years
December 14th, 2016
Fed expected to raise interest rates but won’t tell market what it wants to hear The markets want to hear whether the Trump economy could jolt the Fed into a faster pace of interest rate hikes, but there’s little ...
CySec warns for domains-websites not authorised to provide investment services
December 14th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors and public for domains/websites that are not owned or operated by Cyprus Investment Firms (CIFs) which have been authorised by CySec to provide investment services. ...
CySec decided to wholly withdraw the license of a Cyprus Investment Firm
December 13th, 2016
The Cyprus Securities and Exchange Commission (‘CySEC’) announces that, on its meeting of 28th November 2016, has decided, pursuant to sections 25(1)(b), 25(1)(c) and 26(4)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in ...
