Search Results for: sec
J.P. Morgan Securities fined $1.25 Million
November 22nd, 2017
The Financial Industry Regulatory Authority (FINRA) announced it has fined J.P. Morgan Securities, LLC $1.25 million for failing to conduct timely or adequate background checks on approximately 8,600, or 95 percent, of its non-registered associated persons from January 2009 ...
Uber Paid Hackers $100,000 to Keep Secret a Massive Data Breach In 2016
November 22nd, 2017
Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the data of some 57 million accounts of the ride-service provider, the company said on Tuesday. Discovery of the company’s cover-up of the ...
CySEC informs that a Cyprus Investment Firm renounced its authorisation
November 13th, 2017
The Cyprus Securities and Exchange Commission (‘CySEC’) announces that, on 6th November 2017, the CIF Dragon Options Ltd (‘the Company’), which provided investment services via the domains www.taotrade.com, and www.dragonoptions.com renounced its authorisation, pursuant to section 24(1)(b) of the ...
CySec informs CIFs for the provision of warnings to retail clients resided in Spain
November 3rd, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued today a Circular to inform the Cyprus Investment Firms (CIFs) about requirements of the Spanish Securities and Exchange Commission (the CNMV) regarding the provision of warnings on complex financial instruments ...
CySec announced that a new firm authorised as Cyprus Investment Firm
October 27th, 2017
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued today an announcement to inform that a new company has been approved by the Commission as a Cyprus Investment Firm (CIF). According the announcement, the ...
Which sector is the main employer in the EU Member States?
October 27th, 2017
In 2016, almost half of employment in the European Union (EU) was concentrated in two economic activities: “Wholesale and retail trade, transport, accommodation and food services” (24.7%) and “Public administration, defence, education, human health and social work activities” (23.7%). ...
SEC Announces Measures to Facilitate European Union’s MiFID II’s Research Provisions
October 27th, 2017
Following consultation with European authorities, and in response to concerns that investors could lose access to valuable research, the staff of the U.S. Securities and Exchange Commission issued three related no-action letters. These letters are designed to provide market ...
Former Private Equity Firm Partner Charged With Secretly Billing Clients for His Vacations and Salon Visits
October 26th, 2017
The Securities and Exchange Commission charged Mohammed Ali Rashid, a former senior partner at Apollo Management L.P., with defrauding his fund clients by secretly billing them for approximately $290,000 in personal expenditures, including his family vacations, visits to a ...
CySec announced fines for executive directors
October 19th, 2017
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued today an announcement to inform the public that, at its meeting held on 6 February 2017, it reached the decision that Mr. Michel Pierre Salomon Teman, Mr. ...
CySec witdraw the license suspension of a Cyprus Investment Firm
October 17th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that, further to its Decision published on 31st March 2017, informs the public that, at its meeting dated 2 October 2017, decided to withdraw the suspension of the authorisation of ...
