CFTC Staff Grants Relief to Market Participants from Certain Position Aggregation Requirements
The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) today granted relief to market participants in complying with certain position aggregation...
FINRA Issues Alert Warning Investors of Stock Fraud Following Hurricane Harvey
FINRA issued an Investor Alert today warning investors to beware of potential scams touting stocks and other investments promising huge financial gains in the...
SEC Announces Charges in Massive Telemarketing Boiler Room Scheme Targeting Seniors
The Securities and Exchange Commission today brought fraud charges against 13 individuals allegedly involved in two Long Island-based cold calling scams that bilked more...
SEC, MSRB, FINRA to Hold Compliance Outreach Program for Municipal Advisors
The Securities and Exchange Commission, Municipal Securities Rulemaking Board (MSRB), and Financial Industry Regulatory Authority (FINRA) today announced the opening of registration for the...
BNP Paribas pays $350 mln to settle New York currency probe
May 24 French bank BNP Paribas on Wednesday agreed to pay $350 million to New York’s banking regulator for allowing more than a dozen...
Investor Alert: Public Companies Making Ico-Related Claims
The SEC’s Office of Investor Education and Advocacy is warning investors about potential scams involving stock of companies claiming to be related to, or...
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...
SFC bans Shum Kam Ming for life
The Securities and Futures Commission (SFC) has banned Mr Shum Kam Ming, a former account executive of Sincere Securities Limited (Sincere Securities), from re-entering...
Merrill Lynch (Australia) Futures pays $60,000 in infringement notice penalty
Merrill Lynch (Australia) Futures Limited (“MLAF”) has paid a penalty of $60,000 to comply with an infringement notice given to it by the Markets Disciplinary...
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...