Search Results for: SEC
SEC Files Charges in Multi-Million Dollar Market Manipulation
December 16th, 2015
The Securities and Exchange Commission today charged a New Jersey man and his company with illicitly pocketing $13 million from an elaborate pump-and-dump scheme. The SEC alleges that Samuel DelPresto teamed up with others to secretly obtain control of ...
CySec has issued an announcement regarding Compensation payment process to the covered clients of Pulp International
December 15th, 2015
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform regarding the compensation payment process by the ICF to the covered clients of Pulp International Business Ltd. CySec informs that: Pursuant to the provisions of paragraph ...
CySec has issued a Consultation Paper regarding trading in binary options
December 14th, 2015
The Cyprus Securities and Exchange Commission (CySec) is circulating a document for consultation with market participants regarding proposed changes in the regulatory framework. CySec has prepared this circular: Consultation paper regarding the Trading of binary options contracts in order to inform ...
Chinese Finance-Sector IPOs Set to Maintain Strong Presence in 2016
December 11th, 2015
After dominating in Hong Kong this year, more Chinese finance-sector IPOs are expected to come to market next year China’s banks and brokers have had a tough year with rising bad loans, a stock market crash and weak share performance. ...
CySec warns regarding the company ‘Airsoft’
December 10th, 2015
The Cyprus Securities and Exchange Commission (CySec) has issued a press release to warn investors with regards to the company ‘Airsoft’ (www.airsoftltd.com), which according to the information presented on it’s website is a software provider and it is regulated by the ...
JPMorgan Said to Win Relief in SEC Case on Sale of Its Own Funds
December 10th, 2015
Bank to get consent to continue raising money for hedge funds SEC, CFTC may announce settlements with bank as soon as Friday JPMorgan Chase & Co. is close to settling cases that threatened to bar the bank from raising ...
ASIC: Etrade Australia Securities Limited pays $65,000
December 9th, 2015
Etrade Australia Securities Limited (Etrade) has paid a penalty of $65,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The MDP found it had reason to believe that Etrade had contravened subsection ...
EU: Council agreed on first ever EU rules on cybersecurity
December 9th, 2015
MEPs close deal with Council on first ever EU rules on cybersecurity Transport and energy companies will have to ensure that the digital infrastructure that they use to deliver essential services, such as traffic control or electricity grid management, ...
Japan securities watchdog seeks penalties against Deutsche Securities
December 8th, 2015
Japan‘s securities watchdog recommended on Tuesday that Deutsche Bank‘s brokerage unit be punished after it provided information about a Japanese company to clients ahead of an earnings release. The Securities and Exchange Surveillance Commission said Deutsche clients were encouraged ...
Why Cloud adoption in the Finance Sector is still lagging
December 8th, 2015
Limitations to a consistent regulatory framework and the broad adoption of good practices deters financial institutions from taking advantage of the benefits of cloud computing. Cloud Computing is currently widely used in several sectors, however, its adoption in the ...
