Search Results for: Securities and Exchange Commission
CySec warns regarding individuals impersonating CySec representatives
October 20th, 2016
The Cyprus Securities and Exchange Commission ( CySEC) has issued an announcement to warn about: Following up on the relevant Cyprus Securities and Exchange Commission (‘CySEC’) announcements dated 27 November 2015 and 10 June 2016, CySEC would like to inform investors ...
How a Broker defrauded customers for six years
October 20th, 2016
The Securities and Exchange Commission (SEC) has issued an announcement to inform for an administrative proceeding against an ex-LPL broker. According the announcement, SEC bars Paul Lebel, an LPL broker from 2008 to 2014 for churning and excessively trading ...
Ernst & Young to Pay $11.8 Million for Audit Failures
October 19th, 2016
The Securities and Exchange Commission has announced that Ernst & Young LLP has agreed to pay more than $11.8m to settle charges related to failed audits of an oil services company that used deceptive income tax accounting to inflate ...
SEC: Israeli-based Bank Leumi has agreed to pay $1.6 million to settle charges
October 19th, 2016
SEC Charges Bank Leumi With Conducting Unregistered U.S. Cross-Border Business The Securities and Exchange Commission today announced that Israeli-based Bank Leumi has agreed to pay $1.6 million and admit wrongdoing to settle charges that it provided investment advice and ...
CySec: Cyprus Investment Firm renounced its authorisation
October 18th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that on 10 October 2016, the CIF Glistentree Holdings Ltd (the ‘Company’), which provided investment services via the domain www.icetrader.com, renounced its authorisation pursuant to section 24(1)(b) of the ...
New Administrative Services Provider approved by CySec
October 18th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that a firm has been approved as Administrative Services Provider (ASP). According the announcement, the below firm has been approved: Alexandrou Corporate Services Ltd 76 Omirou Street, Alexandrou ...
CySec announced approval of a new Administrative Services Provider
October 12th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that a firm has been approved as Administrative Services Provider (ASP). According the announcement, the below firm have been approved: CITCO (Cyprus) Ltd 10 Diomidous Street, Alphamega Akropolis ...
CySec informs CIFs regarding Capital adequacy requirements
October 11th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform the Cyprus Investment Firms (CIFs) regarding Capital adequacy requirements – Change in the treatment of the Investors Compensation Fund Contribution. According to the Circular, CySec informs CIFs for the ...
Vanilla Options Vs. Binary Options – A Closer Look
October 10th, 2016
The growth and widespread adoption of online financial trading has given rise to many innovative products designed to help traders maximize their efficiency and improve their profitability. With many new and inexperienced traders entering the market, demand for simplicity ...
Man in Limassol – Cyprus in hunger strike as he believes that a Forex company cheated him with his investment
October 5th, 2016
As a Cyprus news website reports, a man from Romania living in Limassol – Cyprus begun a hunger strike as he believes that a Forex company cheated him and asks for 40,000 euro that he believes that belongs to ...
