Search Results for: Securities and Exchange Commission
CySec announces acquisition of CIF (Cyprus Investment Firm) licence
December 23rd, 2015
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has announced that “Positiva Markets (Cy) Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally under the supervision of ...
J.P. Morgan to Pay $267 Million for Disclosure Failures
December 21st, 2015
The Securities and Exchange Commission announced that two J.P. Morgan wealth management subsidiaries have agreed to pay $267 million and admit wrongdoing to settle charges that they failed to disclose conflicts of interest to clients. An SEC investigation found that ...
NSX Is Approved by the SEC to Re-Launch Trading Operations
December 21st, 2015
NSX Plan for Phased Roll-Out On December 14, 2015, the Securities and Exchange Commission (“SEC”) issued an order granting NSX final approval to re-launch and resume operations for equity and ETF trading. Accordingly, NSX has given notice to its ...
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 ...
Brokers Warned Not to Steer Clients’ Stock Trades Into Slow Lane
December 15th, 2015
Brokers have been put on notice: treat your customers’ orders as well as you treat your own. The Financial Industry Regulatory Authority, Wall Street’s self-regulator, recently said firms using the fastest, most expansive price databases for their own stock trading must ...
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 ...
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 ...
CySec informs regarding the Continuance of Suspension of CIF license of a Cyprus Investment Firm
December 7th, 2015
The Cyprus Securities and Exchange Commission (CySec) has issued today an announcement to inform on its decision in the meeting dated 30 November for Continuance of Suspension of CIF licence of the firm ‘Falcon Brokers Ltd’ with number 128/10. ...
