Search Results for: brokers
Greece, lenders, fail to unlock aid so far – officials
March 31st, 2015
Greece and its EU/IMF lenders failed to reach an initial deal to unlock aid after the creditors dismissed a package of reforms from Athens as ideas rather than a concrete plan, officials said on Tuesday. Athens faces the prospect of running ...
Citigroup Report Chides Law Firms for Silence on Hackings
March 31st, 2015
Every month it seems another American company reports being a victim of a hacking that results in the theft of internal or customer information. But the legal profession almost never publicly discloses a breach. The unwillingness of most big ...
SEC Announces Fraud Charges Against Investment Adviser Accused of Concealing Poor Performance of Fund Assets From Investors
March 31st, 2015
The Securities and Exchange Commission today announced fraud charges against an investment adviser and her New York-based firms accused of hiding the poor performance of loan assets in three collateralized loan obligation (CLO) funds they manage. The SEC’s Enforcement ...
Hong Kong Rules Out Bitcoin Regulation
March 31st, 2015
As virtual currencies, such as Bitcoin, are not widely circulated in Hong Kong, the Government has said there is currently no need to introduce legislation to regulate virtual commodities trading. Responding to lawmakers’ questions in the Legislative Council, Secretary ...
UAE moving towards allowing 100% foreign ownership of businesses outside free zones
March 31st, 2015
Plans for a law to allow full foreign ownership of companies outside free zones in strategic sectors are at an advanced stage, the Minister of Economy said. At a the Annual Investment Meeting in Dubai on Monday, Sultan Al ...
Mexico central bank sells $52 mln in currency auction
March 31st, 2015
The central bank of Mexico sold $52 million on Monday at an average price of 15.2456 pesos per dollar, the bank said, part of an auction program to boost foreign exchange liquidity following a recent slide in the peso currency. Monday’s ...
FCA reports companies offering investment services without authorisation
March 31st, 2015
The supervisory authority of the United Kingdom (Financial Conduct Authority – FCA) reports companies that are offering investment services without the required authorisation: Whitfield International Consulting Group (www.whitfieldintlconsultinggroup.com), with declared headquarters in New York; Copper and Partners (www.copperandpartners.com), with declared headquarters ...
Deutsche Börse and China Construction Bank agree strategic partnership
March 31st, 2015
Deutsche Börse: Deutsche Börse Group and China Construction Bank (CCB) have entered into a strategic partnership and have signed an agreement. Deutsche Börse Group is a leading global provider of financial market infrastructure services and is based in the European ...
FINRA Sanctions Three Firms for Inadequate Supervision of Consolidated Reports
March 31st, 2015
The Financial Industry Regulatory Authority (FINRA) announced today that it has sanctioned three firms – H. Beck, Inc., LaSalle St. Securities, LLC, and J.P. Turner & Company, LLC – with fines of $425,000, $175,000 and $100,000, respectively, for inadequate ...
IBM says to invest $3 billion in ‘Internet of Things’ unit
March 31st, 2015
International Business Machines Corp said on Tuesday it will invest $3 billion over the next four years in a new ‘Internet of Things’ unit, aiming to sell its expertise in gathering and making sense of the surge in real-time ...
