Search Results for: securities and exchange commission
CySec: Renouncement of Cyprus Investment Firm licence
June 16th, 2015
The Cyprus Securities and Exchange Commission has issued a press release to inform that: On 6th June 2015, the CIF Saxo Capital Markets CY Ltd, which provided investment services via the domain www.saxomt4.com, renounced its authorization pursuant to section 24(1)(b) of ...
Swiss Trader to Pay $2.8 Million to Settle Insider Trading Charges
June 16th, 2015
The Securities and Exchange Commission announced that a Swiss trader has agreed to pay more than $2.8 million to settle charges that he traded on nonpublic information ahead of a Florida-based biometrics company’s acquisition by Apple Inc. A SEC investigation ...
CySec announces the suspension of the authorisation of CIF ‘CommexFX Ltd’
June 12th, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that: The authorisation of the Cyprus Investment Firm ‘CommexFX Ltd’, number 153/11, is suspended, pursuant to section 26(2) of the Investment Services and Activities and ...
SaxoTraderGO success prompts Saxo to close Cyprus MT4 offering
June 5th, 2015
Following the successful launch of SaxoTraderGO, Saxo’s new, intuitive, multi-asset trading platform, Saxo Capital Markets CY Ltd., a fully owned subsidiary of Saxo Bank, will cease its operations as a provider of retail MT4 solutions and its MT4 platform will be ...
Top news of the day, May 27
May 27th, 2015
1.FDI into Europe hits a new record with US$305b attracted into the region in 2014, translating to a 36% year-on-year growth, despite global growth slowdown. Last year alone, 43 European countries – including Russia and Turkey – drew 4,341 ...
SEC Charges Deutsche Bank With Misstating Financial Reports During Financial Crisis
May 27th, 2015
The Securities and Exchange Commission today charged Deutsche Bank AG with filing misstated financial reports during the height of the financial crisis that failed to take into account a material risk for potential losses estimated to be in the ...
Citigroup selling retail online FX trading platform to FXCM, Saxo Bank
May 25th, 2015
Citigroup said on Friday it is selling its margin foreign exchange business, including the CitiFX Pro and TradeStream platforms to U.S.-based FXCM and Danish investment bank SAXO Bank. “We believe this transaction is in the best interest of Citi’s ...
Top news of the day, May 21
May 21st, 2015
1. The Cyprus Securities and Exchange Commission (‘CySEC’) has notified the public that has imposed an administrative fine of €20.000 to Trademarker (Cyprus) Ltd for the infringement of the Law which provides for the provision of Investment services, the ...
CySec imposes administrative fine of €20.000 to a CIF
May 21st, 2015
The Cyprus Securities and Exchange Commission (‘CySEC’) has notified the public that has imposed an administrative fine of €20.000 to Trademarker (Cyprus) Ltd for the infringement of the Law which provides for the provision of Investment services, the exercise ...
SEC Charges Brokerage Firm Co-Owners With Defrauding Investors
May 21st, 2015
The Securities and Exchange Commission today announced fraud charges against the co-owners of a Manhattan-based brokerage firm. The SEC alleges that as Arjent LLC and its UK-based affiliate Arjent Limited were approaching insolvency, chairman and CEO Robert P. DePalo ...
