Search Results for: Securities and Exchange Commission
Administrative Services Provider approved by CySec
April 26th, 2017
With an announcement issued today, the Cyprus Securities and Exchange Commission (CySec) would like to inform that the Commission has approved a new firm as Administrative Services Provider (ASP). According the announcement, the below firm has been approved: Kapnella Limited ...
Bitcoin is getting close to its all-time high
April 26th, 2017
Bitcoin is closing in on a record high after the US Securities and Exchange Commission has approved Bats Exchange’s pettition to reconsider the Winklevoss bitcoin ETF. The cryptocurrency was trading up 2.1% at $1,281.76 a coin as of 1:57 p.m. ET, and ...
CySec informs that a Cyprus Investment Firm renounced its authorisation
April 25th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued today an announcement to inform that, on 28th March 2017, the CIF A.A.M & Wealth Ltd (the ‘Company’), which provided investment services via the domain www.aamwealth.com, renounced its authorisation pursuant to ...
Portfolio Manager Charged With Diverting Nearly $2 Million to Personal Account
April 25th, 2017
The Securities and Exchange Commission today announced fraud charges against a Massachusetts-based portfolio manager accused of diverting at least $1.95 million to his personal brokerage account from a fund over which he had trading authority. The SEC’s complaint alleges ...
Investment Bank VP charged With insider trading
April 25th, 2017
The Securities and Exchange Commission today charged a vice president in the risk management department of a New York-based investment bank with insider trading on confidential information he learned in advance of a private equity firm’s acquisition of a ...
Breaking: CySec fined a Cyprus Investment Firm
April 24th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors and public that at the meeting held on March 13th, 2017, decided to impose an administrative fine of €20.000 to the CIF UR Trade Fix ...
CySec informs that a Cyprus Investment Firm renounced its authorisation
April 21st, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors and public that on 13th March 2017, the CIF Asset Management Advisory Services (AMASS) Ltd (the ‘Company’), which provided investment services via the domains www.amasseurope.com ...
The US$200 million investment scam; hunt is on
April 13th, 2017
Investigators looking into a financial scam that took Dubai residents for tens of thousands of dollars have shifted their focus to recovering about US$200 million (Dh734.5m). The sum is believed to have been siphoned from a Dubai branch of ...
CySec released Consultation Paper about the Investor Compensation Fund
April 12th, 2017
The Cyprus Securities and Exchange Commission (CySec) has published today (12 April 2017) a Consultation Paper CP(2017-02) about replacement of the legal framework governing the operation of the Investor Compensation Fund. CySec is circulating this Consultation Paper in the ...
KPMG US removes head of audit for ‘improper’ warnings
April 12th, 2017
The firm said it learned in late February, from an internal source, that an individual who had joined KPMG from the PCAOB subsequently received confidential information from a then-employee of the PCAOB, and shared that information with other KPMG ...
