Market news, analysis & forecast powered by

Preview Mode

FM Home
> Retail FX
> Regulation
Join our Telegram channel
Join our Telegram channel

Most Viewed

Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
Bybit Livestream: Thought Leaders from Bybit, OKX and Wintermute Thought Leadership
kyc

3 Indian Banks Fined for KYC and AML Breaches

  • India’s top three private banks, HDFC, Axis bank and ICICI have been charged by the country’s central bank for breaches in relation to Know Your Customer (KYC) and Anti Money Laundering (AML) procedures.
by Adil Siddiqui
regulation

Buyer Beware: The British Regulator Is After Rate Manipulations in the FX Markets

  • Allegations of front-running FX prices have come to the forefront again, this time attracting the attention of the FCA. Sources from the industry spoke to us about this practice, supplying us information from within.
by Andrew Saks McLeod
Thought Leaders

Navigating the Pros and Cons of Instant Loan Services in the Digital Landscape

  • New services make lending more user based and bridge gaps in traditional lending systems.
by FM
regulation

SEC Fines CBOE $6 Million for Short Selling Failures

  • The SEC, has fined CBOE for a $6 million fine after the exchange was found violating regulations relating to abusive short selling, the regulator also found various systemic breakdowns in the exchange's regulations.
by Adil Siddiqui
forex

Britain's FCA Begins To Flex Its Muscles - Xcap Fined For CASS Ruling Transgression

  • Britain's new regulatory authority, the FCA, has brought about its first case in relation to the security of client funds, having fined Xcap £120,900 for weak client asset procedures under new percentage-based tariff.
by Andrew Saks McLeod
CFTC

The Aftermath of US Regulatory Warning Against Binary Options – Software Providers to Partner with NADEX

  • The United States regulatory authorities' position is unquestionable when it comes to the legalities of off-exchange binary options being marketed within its jurisdiction - The message is clear: Caveat Emptor!
by Andrew Saks McLeod
Asic

ASIC Puts An End to the Aussie Rob Lifestyle. Murray Priestley Receives Three Year Ban

  • Australian regulator ASIC has banned former CEO of Lifestyle Group from providing any form of financial services for three years after misleading statements relating to the functionality of forex software were made.
by Andrew Saks McLeod
CFTC

US Binary Clampdown - SEC Follows CFTC In Issuance of Investor Warnings and Enters Charge Against Banc De Binary

  • Further to yesterday's announcement by the CFTC that it intends to charge Banc de Binary for offering off-exchange binary options in the US, the SEC today cites the firm for the same transgression.
by Andrew Saks McLeod
CFTC

Looking for a Job? The NFA is Hiring

  • The NFA has announced that they approved their Fiscal Year 2014 budget. The budget, for the fiscal year which starts on July, 1 2013 is for $74 million, an 18% increase above last year, with the majority going towards new hiring
by Ron Finberg
Thought Leaders

Hormoz Faryar Joins ATFX as Managing Director of Institutional Sales (MENA-Dubai)

  • Hormoz's blend of skills and insights makes him the perfect fit for his new role at ATFX.
by FM
CFTC

Banc De Binary Gets Charged by the CFTC - Investor Warning Also Issued Across The US

  • Binary options firm Banc de Binary falls foul of US regulator CFTC for violating the off-exhange options trading ban and operating as an unlicenced FCM despite claiming to be based in New York's Wall Street.
by Andrew Saks McLeod
Aml

New Zealand FMA Gains Regulatory Powers. AML Procedure Becomes Effective June 30

  • New Zealand's regulatory authorities have confirmed that the FMA will require Anti-Money Laundering procedures to be adhered to, as well as surveillance and monitoring of compliance with such rulings from June 30.
by Andrew Saks McLeod
CFTC

The Falcon Is Still In Flight - Major US Bank Embroiled In Misappropriation of PFG Client Funds

  • Almost a year has passed since the CFTC began investigating the activities of Peregrine Financial Group and its alleged misappropriation of client funds. Now US Bank under regulatory spotlight due to similar accusations.
by Andrew Saks McLeod
regulation

‘Pay Up - $1.5 Million’ CFTC Orders FCStone

  • A leading US futures brokerage has received a penalty by the CFTC after failing to maintain systems and controls that could have prevented the firm in making a loss of $127 million during the global recession.
by Adil Siddiqui
regulation

Liberty Reserve Website Officially Seized

  • Liberty Reserve's website has been seized by US authorities. Viewers will now get a message that the site has been seized and there is no further DNS information provided. Account holders are left wondering the future of their funds
by Ron Finberg
forex

Japanese FSA Releases Comprehensive Guidelines for Supervision of Financial Instruments , Introduces Capital Adequacy Monitoring

  • Japan's FSA is the latest regulator to introduce a series of defined rulings as to how companies in the financial instruments and derivatives industry are monitored, including a very concise capital adequacy ratio directive.
by Andrew Saks McLeod
Thought Leaders

For Forex Brokers: Landing Page or Corporate Website? Tips from UTIP

  • Large websites are always created for a long run.
by FM
CFTC

CFTC Reviews Obligations to Report Omnibus Account Information - White Label Partnerships Under Spotlight

  • The Commodity Futures Trading Commission yesterday issued an advisory relating to the standard requirement by the US regulator to maintain correct reporting of omnibus accounts according to rule 17.04a.
by Andrew Saks McLeod
china

Journey into the Unknown – Chinese Regulators Revising Laws to Assist Overseas FX Firms

  • Chinese foreign exchange regulator SAFE has made steps toward reducing some of the entry barriers for foreign investment, leading to potentially lower entry barriers for overseas firms wishing to conduct business in the country. What risks lie ahead though?
by Andrew Saks McLeod
CFTC

Trade Execution Rules Under Scrutiny - Integral Set to Launch SEF Compliant Solution Following CFTC Meeting

  • Integral Development Corporation responds to CFTC's meeting regarding trade execution rules. Company set to launch SEFs in accordance with deadline set by regulators at yesterday's public meeting in Washington
by Andrew Saks McLeod
CFTC

MB Trading Fined $200,000 For Failing to Maintain Minimal Capital Requirements

  • United States financial regulator fines MB Trading a FX broker for failing to meet minimal capital requirements. The broker had miss-appropriated funds for 17 months after the new rules were mandated.
by Adil Siddiqui
canada

Complete Developments, Incomplete Integrity. Forex Ponzi Scheme Operators Prosecuted

  • Fraudsters Hit with $23 million Civil Restitution Penalty after CFTC uncovers forex Ponzi Scheme, further demonstrating the continued efforts by the US regulatory authorities to root out the bad apples.
by Andrew Saks McLeod
forex

Regulators Intervene against Fraud and Money Laundering Risks in Use of Pre-Paid Credit Cards

  • Britain's FCA and anti money laundering authorities take a close look at the use of pre-paid cards to fund forex trading accounts - and set in place penalties to put a stop to it.
by Andrew Saks McLeod
Thought Leaders

ACY Securities MENA Welcomes Dr. Nedal Alchaar as Chief Economist

  • The move at ACY Securities comes at a time when the global economic landscape is changing.
by FM
regulation

Don't forget to.... Reminds FCA

by Adil Siddiqui
See more
Next Previous
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}