FCA Adds FX Broker Investteck to its List of Unauthorized Firms The entity is targeting UK consumers without having the proper authorization.
Belgium’s FSMA Warns Against FX, CFD and Binary Fraudsters The regulator has identified four entities operating in Belgium without authorization.
Canada’s OSC Flags Forex Broker Axe Invest Australian regulator ASIC has also warned against the entity.
Bank of Russia Refers to Payment Providers as FX Trading Loophole The dreams of a quick and easy route to financial freedom are also used to lure Russians into pseudo-training ...
SVS Securities Clients, Creditors Pass Administrators Proposals All client money will be pooled into bank accounts controlled by the administrators, and then will be paid on ...
Grant Thornton Seeks Financial Bakers to Recover EuroFX Assets High-profile licenses helped EuroFX defraud close to 4,000 people around the world out of more than $632.3 million.
ASIC Reports “High Incidence” of CFD Broker Misconduct The Aussie regulator made the comments in its recently published annual report
UGA Student Pleads Guilty to Running $1 Million Ponzi Scheme Arham Arbab, 22, guaranteed returns between 22 and 56 percent, and backed up plans that cover the first $15,000 ...
SEC to Settle with Five Involved in Insider Trading Scheme Daniel Rivas, who worked at Bank of America, leaked nonpublic information about 30 mergers, acquisitions and tender offers.
ACCC: Australians Have Lost $33M to Investment Scams in 2019 As of September, Aussie investors have lost 16.4 percent more than they did in all of 2018.
Another Regulator Warns Against Kuvera: Belgium’s FSMA The entity has the characteristics of a pyramid scheme, according to the Belgian regulator.
France’s AMF Blacklists 7 Forex and 3 Crypto Entities The regulator has flagged the entities alongside the Prudential Supervisory and Resolution Authority (ACPR).
FX Leverage Cut to 20:1 in Singapore Retail traders in the small nation-state previously had access to 50:1 leverage
OmegaFX Limited Singled Out by Austria’s FMA The regulator has flagged the entity for operating without the proper authorisation.
IDM Applies Experienced Trader Category Verification Standards The Chamber of Brokerage Houses wants all trading providers in Poland to comply with the standards.
UK Payment Firm Supercapital Collapses into Administration Supercapital provides payment solutions for banks, wealth managers, and some retail FX brokers.
CySEC Scraps Higher Leverage, Adopts ESMA Rules The Cypriot regulator weighed up offering three tiers of leverage to retail clients in May
FCA Spots BNP Paribas Clone, As Scams Continue to Rise According to the warning, the entity has copied the name and some of the details of the legitimate company.
CySEC Flags Binomo.com as an “Unauthorized Entity” Binomo, however, has rejected the regulator's claims.
FCA Keeps a Close Watch, Flags Midpoint Exchange Clone Firm The entity is a clone firm of Midpoint & Transfer Ltd, the regulator warned.