Search Results for: SEC
CySec fines CommexFX Ltd
March 11th, 2016
The Cyprus Securities and Exchange Commission (‘CySEC’) has imposed an administrative fine of €50.000 on the Cypriot Investment Firm (CIF) CommexFX Ltd for violation of the section 139(2) of the Investment Services and Activities and Regulated Markets Law of 2007, ...
Nasdaq Agrees to Acquire International Securities Exchange
March 10th, 2016
Nasdaq (Nasdaq:NDAQ) announced it has agreed to acquire International Securities Exchange (ISE), an operator of three electronic options exchanges, from Deutsche Börse Group. The acquisition allows Nasdaq to improve efficiencies for clients, broaden its technology offering, and provides the ...
NextLaw Labs signs second portfolio company: Apperio
March 10th, 2016
NextLaw Labs, the global collaborative innovation platform developed by global law firm Dentons, today announced its investment in Apperio, a legal tech startup that is changing the way law firms handle matter management. This is the second portfolio company ...
SEC Awarding Nearly $2 Million to Three Whistleblowers
March 9th, 2016
The Securities and Exchange Commission today announced the payment of almost $2 million to three whistleblowers. The largest of the three awards will go to a whistleblower who voluntarily provided original information that prompted the SEC to open its ...
CySec informs that the CIF license of a Cyprus Investment Firm continuous to be suspended
March 9th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued today a press release to inform regarding its decision for the Continuance of Suspension of CIF licence. According to CySec, following previous announcement dated 15 February 2016, the Cyprus Securities ...
VW: Prosecutors in Germany and France widen probes
March 9th, 2016
Prosecutors in Germany and France have broadened their investigations into the emissions scandal at Volkswagen. Authorities in Paris have opened a formal probe into “aggravated fraud” over the use of diesel engine devices that gave misleading emissions results. And ...
Mizuho Bank and Fujitsu Trial Blockchain to Streamline Cross-Border Securities Transaction Settlements
March 9th, 2016
Mizuho Bank, Ltd., Fujitsu Limited, and Fujitsu Laboratories Ltd. today announced that they have jointly conducted an operational trial using blockchain technology (*1), which makes it practically impossible to tamper with transaction histories, to shorten the processing time for ...
SEC Charges Rhode Island Agency and Wells Fargo With Fraud in 38 Studios Bond Offering
March 8th, 2016
The Securities and Exchange Commission today charged a Rhode Island agency and its bond underwriter Wells Fargo Securities with defrauding investors in a municipal bond offering to finance startup video game company 38 Studios. The Rhode Island Economic Development ...
CySec imposed administrative fine to a Cyprus Investment Firm
March 8th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform public that on 21st December 2015, the Commission decided to impose an administrative fine of €5.000 to the Cypriot Investment Firm (CIF), Grow Wealth Assets Ltd. ...
African legal sector receives USD 22 million in funding
March 7th, 2016
The African Development Bank has allocated USD 22 million to improve the continent’s legal expertise, assisting African countries’ access to justice when dealing with international investors. The African Legal Support Facility (ALSF) has been granted USD 22 million, to ...
