Search Results for: Vest Financial
Bulgarian regulator warns against unauthorised firm through MFSA
August 11th, 2014
The Malta Financial Services Authority (MFSA), has released a warning from the Bulgarian Financial Supervision Commission (BFSC) against the activities of the company ISLANDBAY SERVICES LTD with a trade name BROKER CAPITAL. Following the proper investigation it appeared that INVESTORS LTD (formerly ASTON ...
SEC pursues brokerage firm and CEO
August 11th, 2014
The Securities and Exchange Commission (SEC) has charged a Bahamas-based brokerage firm and its president for enabling a fraud that was halted when the SEC charged the hedge fund manager at the center of the scheme. The SEC alleges ...
India Sets Norms to Open $20 Billion REIT Market
August 11th, 2014
India approved the setting up and listing of real estate investment trusts as the nation seeks to unlock a $20 billion market. The trusts, or REITs, will have to own assets worth at least 5 billion rupees ($82 million), ...
China loosens monetary policy
August 11th, 2014
China loosened monetary conditions last quarter at the fastest pace in almost two years, a Bloomberg LP gauge showed, testing the waning effectiveness of credit in supporting economic growth. Bloomberg’s new China Monetary Conditions Index — a weighted average ...
ESMA welcomes the publication of the ESFS Review Report
August 8th, 2014
The European Securities and Markets Authority (ESMA) has welcomed the publication of the European Commission’s (EC) Report on the operation of the European Supervisory Authorities (ESAs) and the European System of Financial Supervision (ESFS). The EC’s Report, to the ...
FCA warning against unauthorised firms
August 8th, 2014
The Financial Conduct Authority (FCA), the British financial regulator, has issued a warning informing the investors that “Thungen Financial/ Thüngen Financial” (www.thungenfinancial.com) and “Leveltrade Ltd t/a LevelTrade” (www.leveltrade.com) are not permitted to provide any financial services or products. FCA warns ...
Former CEO of ConvergEx Subsidiary faces SEC’s charges
August 8th, 2014
The Securities and Exchange Commission (SEC) has appointed charges to the former chief executive officer of a broker-dealer subsidiary of ConvergEx Group LLC for deceiving brokerage customers with hidden fees to buy and sell securities. SEC claims that the ...
The Global Economy’s Groundhog Day
August 8th, 2014
In the movie “Groundhog Day,” a television weatherman, played by Bill Murray, awakes every morning at 6:00 to relive the same day. A similar sense of déjà vu has pervaded economic forecasting since the global economic crisis began a ...
China July exports up 14.5 pct year-on-year, imports down 1.6 percent
August 8th, 2014
China’s surprisingly buoyant exports in July pushed its trade surplus to a record, but a drop in imports signals sluggish domestic demand that will likely call for continuing policy support to keep economic growth on track. Manufacturing appears to ...
Intercontinental Exchange acquires trading technology patents
August 7th, 2014
Intercontinental Exchange (NYSE:ICE), the leading global network of exchanges and clearing houses, announced today that it has acquired intellectual property rights that relate to computerized trading strategies. The acquired intellectual property rights include U.S. Patent Numbers 7,177,833; 7,251,629; 8,498,923; ...
