Search Results for: regulators
Two brokers charged with defrauding customers
September 11th, 2018
The Securities and Exchange Commission (SEC) charged two brokers for recommending excessive levels of trading that were costly for retail customers but lucrative for the brokers. In separate complaints filed in federal court in Manhattan on Friday, the SEC ...
The world’s second-largest cryptocurrency Ether plunges more than bitcoin
September 7th, 2018
Ether was the star cryptocurrency last year, way outperforming its predecessor bitcoin. But 2018 has been a different story. The world’s second-largest digital asset is down 76 percent this year and can’t seem to catch a break. Investor patience ...
Two men charged with fraud in fake trading accounts scheme
September 7th, 2018
The Securities and Exchange Commission (SEC) charged two Michigan men with fraud for their roles in a fake accounts scheme perpetrated by a phony day-trading firm, Nonko Trading. The SEC alleges that Jeffrey Goldman of West Bloomfield, Michigan, and ...
The EU is taking another look at regulating crypto
August 30th, 2018
Cryptocurrency traders and issuers of virtual currencies are in for a fresh round of scrutiny from European politicians. Finance ministers from the European Union’s 28 member states will discuss a host of challenges posed by the growing popularity of ...
Data protection complaints in UK doubled since GDPR took effect
August 28th, 2018
The number of data protection complaint reported to UK regulators has nearly doubled since the introduction of new data protection laws, the Information Commissioner’s Office (ICO) has said. Saturday marks three months since the General Data Protection Regulation (GDPR) ...
Beware of these investment services firms not been authorized in different countries
August 21st, 2018
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Hong Kong (Securities and Futures Commission – SFC), Malta (Malta Financial Services Authority – MFSA), British Columbia (British Columbia Securities Commission – BCSC) and Italy (Consob) report ...
Bitcoin dropped below $6,000 as almost every Cryptocurrency tumbled
August 15th, 2018
Bitcoin dropped below $6,000 and dozens of smaller digital tokens tumbled as this month’s selloff in cryptocurrencies showed few signs of letting up. The largest digital currency fell as much as 6.2 percent to $5,887 as of 3:07 p.m. ...
German financial regulator warns against unlicensed CFDs, Binary and Forex online trading platforms
August 13th, 2018
BaFin, the financial supervisor for the banking, securities and insurance sectors in Germany, and one of the largest financial supervisory authorities in Europe, has issued an announcement to warn investors and public. According the warning, BaFin warns against entering ...
Beware of firms that use misleading information to solicit investors
August 7th, 2018
The Securities and Exchange Commission (SEC) announced that it has updated its list of unregistered firms that use misleading information to primarily solicit non-U.S. investors, adding 16 soliciting entities, four impersonators of genuine firms, and nine bogus regulators. The ...
IOSCO issues recommendations to help trading venues manage extreme volatility
August 6th, 2018
The International Organization of Securities Commissions (IOSCO), the leading international policy forum for securities regulators that is recognized as the global standard setter for securities regulation, has issued an announcement to inform for the publishing of eight recommendations to ...
