Search Results for: securities and exchange commission
CySec approved a new firm as Administrative Services Provider
July 26th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that a firm has been approved as Administrative Services Provider (ASP). According the announcement, the below firm have been approved: 1) ECDDP Cyprus Limited Kyvelis 7, Office ...
NYC Audit Firm to pay penalty for failing to spot fraud in financial statements of a public company
July 25th, 2016
The Securities and Exchange Commission suspended an accountant for conducting a faulty audit of the financial statements of a public company that was committing fraud, and the firm where he was a partner at the time has been prohibited from ...
SEC Halts Ongoing Fraudulent Stock Scheme
July 25th, 2016
The Securities and Exchange Commission today announced it has won a court-ordered asset freeze to halt an ongoing fraud by two former brokers with disciplinary histories who allegedly raised more than $5 million from investors without using the money ...
BCSC warns for a Cyprus based CFDs broker
July 22nd, 2016
The British Columbia Securities Commission (BCSC) has issued a warning to inform investors and public for XForex, owned and operated by XFR Financial Ltd, a CFDs broker (Contracts For Difference) based in Cyprus. According to the warning, the Commission became aware ...
Investment advisory firm agreed to pay $300,000 to settle SEC charges
July 15th, 2016
The Securities and Exchange Commission today announced an enforcement action against an investment advisory firm that failed to properly prepare clients for additional transaction costs beyond the “wrap fees” they pay to cover the cost of several services bundled ...
SEC: Citigroup agreed to pay a $7 million penalty in relation with information of trades it executed
July 13th, 2016
The Securities and Exchange Commission today announced that Citigroup Global Markets has agreed to pay a $7 million penalty and admit wrongdoing to settle charges that a computer coding error caused the firm to provide the agency with incomplete ...
SolidX Files S-1 Registration Statement for SolidX Bitcoin Trust ETF
July 13th, 2016
SolidX Partners Inc., an innovative blockchain technology company, today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed launch of the SolidX Bitcoin Trust, which will seek ...
New Cyprus Investment Firm authorised by CySec
July 12th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “New Vault Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally ...
CySec imposed an Administrative Fine of €138.000 on a Cyprus Investment Firm
July 11th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on June 06, 2016, the Commission decided to impose a total administrative fine of €138.000 to the CIF B.O. Tradefinancials ...
CySec: the authorisation of a Cyprus Investment Firm has lapsed
July 11th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that: On 30th of October 2015, the CIF authorisation of «Myfxbook Ltd» with number 255/14 has lapsed, pursuant to section 24(1)(a) of the Investment Services and Activities and ...
