Search Results for: Vest Financial
CySec suspends the license of a Cyprus Investment Firm
November 24th, 2016
The Cyprus Securities and Exchange Commission (‘CySEC’) announces that the authorisation of the Cyprus Investment Firm ‘PFX Financial Professionals Ltd’ (‘the Company’), with number 193/13, is suspended, pursuant to section 26(2) of the Investment Services and Activities and Regulated ...
FCA charges sixth defendant in alleged investment fraud
November 24th, 2016
The Financial Conduct Authority (FCA) UK has issued an announcement to inform that following an investigation of the Authority, Charanjit Sandhu (DOB: 03/12/1989) of Grays, Essex, appeared today before the City of London Magistrates Court charged with conspiracy to ...
FINRA fines investment firm for $3.4 Million
November 23rd, 2016
FINRA Sanctions Oppenheimer & Co. $3.4 Million for Reporting Violations, Failing to Comply With Discovery Obligations in Arbitrations, and Other Supervisory Failures The Financial Industry Regulatory Authority (FINRA) announced that it has fined Oppenheimer & Co. Inc. $1.575 million ...
Relief for foreign financial service providers from Luxembourg
November 22nd, 2016
ASIC has extended its relief for foreign financial service providers (FFSPs) from the requirement to hold an Australian financial services (AFS) licence when providing financial services to Australian wholesale clients by Luxembourg fund managers. The relief in ASIC Corporations (CSSF-Regulated ...
ETF has invested $20 million in a robo advice wealth platform
November 21st, 2016
WisdomTree Investments, Inc. (NASDAQ:WETF) announced that it has invested $20 million for a 36% equity interest in AdvisorEngine, formerly known as Vanare, an end-to-end digital wealth management platform which enables individual customization of investment philosophies. WisdomTree and AdvisorEngine have ...
FCA UK warns for a clone of a financial services group
November 14th, 2016
The Financial Conduct Authority (FCA) has issued a warning to inform that fraudsters are using the details of firms the FCA authorises to try to convince people that they work for a genuine, authorised firm. This is what FCA calls a ...
ISA Israel: iTrader financial firm’s managers and some employees defrauded traders
November 14th, 2016
Senior iTrader executives were arrested on suspicion of aggravated fraud, securities violations, and other crimes. Managers at the iTrader trading firm and some of its employees were part of a well-oiled and organized machine for defrauding and abusing clients ...
ESMA finalises Advice on Future Rules for Financial Benchmarks
November 10th, 2016
The European Securities and Markets Authority (ESMA) has finalised its technical advice to the European Commission on important aspects of future rules for benchmarks. In particular, ESMA provides advice on: how benchmarks’ reference values can be calculated by using ...
Gold and Bitcoin jumps after Trump win; investors seek safe assets
November 10th, 2016
Digital currency joins gold surge as bitcoin price climbs nearly 4% after Trump win Trump’s shock election wins sent shock-waves across the world’s financial markets. As uncertainty reigned supreme, investors turned away from equities and towards bitcoin. Joining the ...
Is Trump Going to Mess With Your Investments? Six Tips
November 10th, 2016
Financial planner Timothy LaPean is watching a wave of fear and confusion sweep over clients after Donald Trump’s stunning election as U.S. president. They aren’t just freaking out about their investments. In a sign of the impact of Trump’s victory on ...
