Search Results for: law
Switzerland to vote on corporate tax unification
February 7th, 2017
Swiss voters will vote next week on whether to reform corporate tax and remove the reduced tax rates that Switzerland currently grants to multinational firms Voters will be asked whether they accept the federal law that was adopted by ...
As Bitcoin ETF Nears, Analysts Warn of Trading Frenzy
February 7th, 2017
If the Securities and Exchange Commission approves a bitcoin exchange-traded fund next month, it might set off a speculative rush into bitcoin. An easily accessed ETF that tracks the value of bitcoin could cause money to flood into the ...
FXCM to exit U.S market following the penalty; Sells accounts to Gain Capital
February 7th, 2017
Following the penalty imposed by CFTC, FXCM has issued an announcement to inform that FXCM US reaches Settlement with NFA and CFTC, the company to Exit the U.S., sells Accounts to GAIN and the company to Pay down Loan. ...
Royal Bank of Scotland to Pay $85 Million Penalty
February 6th, 2017
CFTC Orders The Royal Bank of Scotland to Pay $85 Million Penalty for Attempted Manipulation of U.S. Dollar ISDAFIX Benchmark Swap Rates In Total, the CFTC Has Imposed $570 Million in Penalties for Attempted Manipulation of ISDAFIX Benchmark The ...
Price controls and propaganda
February 5th, 2017
Most economists agree on one thing; price controls do not work. Many go on to say they create shortages of goods, which inevitably drives black market prices even higher than they would otherwise be. Price controls were last tried ...
Malta Gaming Authority informs on Skill Games Regulations & Fantasy Sports Ruling
February 4th, 2017
The Skill Games Regulations (S.L. 438.11) are now in force following publication in the Government Gazette on the 24th of January 2017. In terms of these new regulations, the Authority is entrusted with the governance and regulation over the ...
SEC Charges Investment Adviser With Stealing Investor Funds
February 3rd, 2017
The Securities and Exchange Commission today charged a Connecticut-based investment advisory business and its owner with stealing money from investors to settle a private lawsuit among other misuses. The SEC alleges that Sentinel Growth Fund Management and its founder ...
Fresh legal challenge over Brexit goes to the High Court
February 3rd, 2017
It is being brought by a group of campaigners who want a “soft Brexit” and to keep Britain in the European single market. They include Peter Wilding, chairman of the pro-Europe pressure group British Influence, who is credited with ...
CySec informs Cyprus Investment Firms regarding their obligations to clients
February 3rd, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform the Cyprus Investment Firms for their obligations when providing information to clients on the services and instruments offered. According to the Circular, CySec wishes to set ...
The honeymoon is over: Wall Street is finally taking Trump literally
February 2nd, 2017
By itself, the 230-point drop in the Dow Jones Industrial Average DJIA, -0.16% this week wasn’t earth shattering: 1% gains and losses happen all the time. But the clattering sound accompanying it wasn’t hard to diagnose: It was the ...