ASIC Welcomes Consultation on Changes to Fees-for-Service
ASIC welcomes the release by Treasury of a consultation paper proposing changes to fees-for-service.
While around 90% of ASIC’s regulatory activities will be now be...
FCA Fines Bond Trader £60,000 for Market Abuse
The Financial Conduct Authority (FCA) has imposed on Paul Walter, a former Bank of America Merrill Lynch International Limited (BAML) bond trader, a financial...
ASIC Acts Against Superfunded and the Goldenbergs SMSF Scheme
ASIC has commenced proceedings in the Federal Court of Australia and obtained interim injunctions against Perth-based Superfunded Pty Ltd (ACN 617 328 588) (Superfunded)...
Long Island Town and Former Top Official Charged With Defrauding Municipal Investors
The Securities and Exchange Commission today charged Oyster Bay, New York, and its former top elected official with defrauding investors in the town’s municipal...
ASIC Takes Further Action in Allianz Metro Binary Option Trading Investigation
ASIC has sought final orders in ongoing Federal Court proceedings against a number of international and Australian companies and associated individuals that it alleges...
FMA Urges Investors to Know Scam Warning Signs
‘Bob’ from Christchurch lost $67,000 after being cold-called by scammers who persuaded him to ‘invest’ in a pharmaceutical firm.
His case is being highlighted by...
CFTC Orders INTL FCStone Financial Inc. and FCStone Merchant Services LLC to Pay Penalty...
The Commodity Futures Trading Commission (CFTC) today issued an order filing and settling charges against FCStone Merchant Services LLC (FCStone Merchant) for entering into multiple noncompetitive...
Consumer Warning About the Risks of Investing in Cryptocurrency Cfds
Contracts for differences (CFDs), including financial spread bets, with cryptocurrencies as the underlying investment are increasingly being marketed to consumers. These products are extremely...
Federal Court Orders Arizona Resident Derek Springfield and His Company, Draven, LLC, to Pay...
The Commodity Futures Trading Commission (CFTC) today announced that Judge David G. Campbell of U.S. District Court for the District of Arizona entered a...
Capita Financial Managers to Pay Up to £66 Million for The Benefit of Investors...
The Financial Conduct Authority has today announced that Capita Financial Managers Limited (CFM) has been publicly censured and will pay up to £66 million...