Search Results for: U.S. regulator
Guardian Asset Group and its owner ordered to pay more than $1 Million
May 24th, 2017
Federal Court Orders More than $1 Million in Restitution and Civil Monetary Penalties and Permanently Bans Andrew Kurzbard and His Florida-Based Company, Guardian Asset Group, LLC, for Engaging in Illegal, Off-Exchange Precious Metals Transactions The U.S. Commodity Futures Trading ...
SEC Charges Fake Filer With Manipulating Fitbit Stock
May 22nd, 2017
The Securities and Exchange Commission today filed fraud charges against a Virginia-based mechanical engineer accused of scheming to manipulate the price of Fitbit stock by making a phony regulatory filing. According to the SEC’s complaint, Robert W. Murray purchased ...
Asian stocks post biggest rise in a month; dollar weak
May 22nd, 2017
Asian stocks posted their biggest daily rise in a month on Monday following modest gains in U.S. shares, though the greenback came under renewed pressure as Washington’s political turmoil undermines confidence in U.S. economic policy. MSCI’s broadest index of ...
Asian markets mostly down as dollar continues to fall
May 17th, 2017
A falling U.S. dollar pressured stocks in Japan and cast broader concern over equity markets in the region, as turmoil in Washington continued to raise doubts about the Trump administration’s ability to make progress on policy. The WSJ Dollar ...
Global Brokerage, Inc. announces First Quarter 2017 results
May 16th, 2017
First Quarter 2017 Highlights: U.S. GAAP net revenues from continuing operations of $45.9 million U.S. GAAP net loss attributable to Global Brokerage, Inc. from continuing operations of $24.5 million or $3.99 per diluted share. U.S. GAAP net loss from ...
FXCM has appointed new CEO
May 15th, 2017
FXCM Group, LLC (“FXCM Group”), a leading international provider of online foreign exchange trading, CFD trading, spread betting and related services, today announced that its Board of Directors has appointed Brendan Callan as Chief Executive Officer of FXCM Group. ...
Interactive Brokers to sell Options Market-Making Division
May 15th, 2017
Interactive Brokers Group, Inc. signed a definitive agreement with Two Sigma Securities, LLC (“TSS”) to divest its U.S. options-market-making business of Timber Hill. Two Sigma is the market-making affiliate of Two Sigma Investments, LP. The financial terms of the deal ...
International law firm former partner Charged in $1 Million insider trading scheme
May 12th, 2017
The Securities and Exchange Commission today charged a former partner at an international law firm and his neighbor with making more than $1 million in illicit profits by insider trading around corporate announcements. The SEC alleges that Walter C. ...
Uber is a transportation service and could need new licenses in Europe, top court advisor says
May 11th, 2017
Uber suffered a setback Thursday with an advisor to Europe’s top court stating that the ride-hailing app is providing transportation services, and not merely connecting drivers to passengers via technology which the U.S. firm which has previously argued. “The ...
Bats announces alternative to closing auctions
May 9th, 2017
Bats Market Close is an end-of-day match process for non-Bats listed securities Follows significant and persistent demand from a broad range of industry participants Bats, a CBOE Holdings, Inc. company, and the second-largest operator of stock exchanges in the ...
