Search Results for: securities and exchange commission
China allows brokerages to issue bonds
July 2nd, 2015
China‘s securities watchdog on Wednesday allowed stock brokerages to issue bonds to widen their funding channels after a continued losing streak on the country’s stock market. Brokerage were allowed to issue or transfer short-term corporate bonds via stock exchanges ...
ESMA agrees to proposed short-selling ban by Greek HCMC
June 30th, 2015
The European Securities and Markets Authority (ESMA) has issued today its official opinion agreeing to a seven-day emergency short selling prohibition proposed by the Hellenic Capital Market Commission (HMCM) under the Short Selling Regulation. The ban will take effect on 00:00:01 ...
On Monday, It’s China Versus Greece
June 29th, 2015
Fear and greed are both getting a serious workout lately, but Monday will be even more fun than usual because of two big stories that hit over the weekend. First, Greece decided to put the draconian demands of its ...
BCSC panel issues lifetime ban against blog writer for fraud
June 25th, 2015
A British Columbia Securities Commission (BCSC) panel has fined and permanently banned Noshad Dowlati from the province’s capital markets for fraud and trading and advising without registration. Dowlati operated a blog and a Twitter account that gave general investment advice about ...
China Shares Fall as Startup Shares Get Pricey
June 16th, 2015
Stocks in Asia mostly fell Tuesday, with China leading the decline, as investors there sell shares in highflying startup stocks that have gotten expensive. The Shanghai Composite Index was down 0.9% at 5019.42 following a 2% drop Monday, while ...
LSE to offer membership to Hong Kong firms
June 15th, 2015
Regulatory approval received for Hong Kong firms to access Europe’s most liquid and international market Further significant boost to growing UK – Greater China financial ties London Stock Exchange plc today announces it has received regulatory approval from Hong ...
FXCM to Sell FXCM Hong Kong to Rakuten Sec
May 29th, 2015
FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange (FX) trading and related services, announced that Forex Trading, LLC, a subsidiary of FXCM Newco, LLC (“FXCM”) has signed a definitive agreement to sell FXCM Asia Limited (“FXCM Hong Kong”) to Rakuten Securities, Inc. (“Rakuten Sec”), a ...
BCSC informs for a binary options firm not registered in BC
May 28th, 2015
BC Securities Commission issued an announcement regarding a binary options trading firm Citrades purports to be a binary options trading firm with offices in Africa, Asia, Australia, Europe and the United States. Citrades allowed a British Columbia (BC) resident ...
Top news of the day, May 22
May 22nd, 2015
1.The dollar edged lower versus a basket of majorcurrencies on Friday in the wake of unimpressive U.S. economic data, with investors awaiting speeches by major central bankers. The dollar index slipped 0.2 percent to 95.117, having backed off from ...
U.S. SEC a stumbling block in banks’ forex guilty pleas – sources
May 15th, 2015
Banks want assurances from U.S. regulators that they will not be barred from certain businesses before agreeing to plead guilty to criminal charges over the manipulation of foreign exchange rates, causing a delay in multibillion-dollar settlements, people familiar with ...
