Search Results for: securities and exchange commission
GemCoin Investors Seek $100 Million in Class Action Lawsuit
October 9th, 2015
An $100m class action lawsuit has been filed on behalf of victims of an alleged Ponzi scheme involving the fake cryptocurrency ‘Gemcoin’ days after a US Securities and Exchange Commission (SEC) crackdown. The complaint, filed Monday by The Liu Law Group ...
SEC: Blackstone to Pay Nearly $39 Million Settlement
October 8th, 2015
Blackstone Charged With Disclosure Failures Private Equity Advisers to Pay Nearly $39 Million Settlement The Securities and Exchange Commission announced that three private equity fund advisers within The Blackstone Group have agreed to pay nearly $39 million to settle ...
CySec announces acquisition of CIF (Cyprus Investment Firms) licence
October 6th, 2015
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has announced that “UR Trade Fix Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally ...
CySec announces acquisition of CIF (Cyprus Investment Firms) licence
October 5th, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that “Click2trade Investment Group Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under the supervision of ...
CySec warns public for unauthorised investment firms
October 5th, 2015
The Cyprus Securities and Exchange Commission (CySec), the regulatory authority in Cyprus, has issued a press release to warn public in relation with two unauthorised Firms. Specific, CySec warns that the companies ‘Fundsaver Services Ltd’ (www.everyoption.com) and ‘Option500’ (www.option500.com): ...
SEC: Worldwide pyramid scheme operator misled investors
October 5th, 2015
SEC Halts $32 Million Scheme That Promised Riches From Amber Mining The USA regulator, Securities and Exchange Commission (SEC), has issued an announcement to inform that it has filed fraud charges and obtained asset freezes against the operator of ...
SEC Charges Two Grant Thornton Firms With Violating Auditor Independence Rules
October 2nd, 2015
The Securities and Exchange Commission today charged Grant Thornton India LLP and Australia-based Grant Thornton Audit Pty Limited with auditor independence violations that occurred when two Grant Thornton Mauritius partners served on the boards of Mauritius-based subsidiaries of companies ...
UBS Unit to Pay $34 Million in Settlements Over Puerto Rico Bond Funds
September 30th, 2015
Settlements stem from former broker who had customers invest borrowed money in the funds A unit of UBS Group AG agreed to pay roughly $34 million in settlements with U.S. regulators regarding the sale of Puerto Rico bond funds ...
CySec issued warning regarding www.500option.com
September 28th, 2015
The Cyprus Securities and Exchange Commission (CySec), the regulatory authority in Cyprus, has issued a press release to warn public in relation with an Unauthorised Firm. Specific, CySec warns that the company ‘Fundsaver Services Ltd’ (www.500option.com): 1. Is not permitted to ...
CySec announces the suspension of the authorisation of CIF ‘Falcon Brokers Ltd’
September 24th, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that: The authorisation of the Cyprus Investment Firm ‘Falcon Brokers Ltd’, number 128/10, is suspended, pursuant to section 26(2) of the Investment Services and Activities ...
