regulation
Bitcoin Picks: Regulation, Hedge Funds, and iPhone Wallet’s
- It’s Friday and another round of reviewing some of the important and more interesting stories this past week in the world of virtual currencies on Digital Currency Magnates headlined by New York regulation.
Friday, 18/07/2014 | 10:06 GMT by
Ron Finberg
Exclusive: Russian Forex Regulatory Discussion Leaks as Voting Postponed for Autumn
- Sources close to ongoing discussions claim two types of regulatory licenses for the Russian market - for prime brokerages and for retail brokerages which can only be sourcing liquidity from regulated prime brokerages.
Friday, 18/07/2014 | 07:58 GMT by
Victor Golovtchenko
Benchmark Rates and FX Probe Grab Attention at FCA Public Talk
- The FCA held its first annual meeting since the 2012 regulatory overhaul. Its chairman has vowed protecting the British consumer and promoting free competition, while promising new FX probe findings in 2015
Thursday, 17/07/2014 | 19:30 GMT by
Adil Siddiqui
UPDATE: EU Consumer Directive. Ban on credit card surcharges goes into effect
Wednesday, 16/07/2014 | 12:31 GMT by
FMAdmin Someone
Is Cyprus Getting Too Strict? New Companies' Licensing Slashed by One-Third in Q2
- The total number of new investment firms licensed by the Cyprus Securities and Exchange Commission In the second quarter of 2014 went down to only eight firms, a decrease of over 27% Year-Over-Year.
Tuesday, 15/07/2014 | 09:03 GMT by
Avi Mizrahi
FX Probes Further Unfold - Junior Traders Offered Immunity for Information
- The FX probes ramification has led to junior traders on the desk. FT reports that US investigators have travelled to the UK to dig-deep into the way senior-bank traders allegedly manipulated FX rates.
Monday, 14/07/2014 | 20:48 GMT by
Adil Siddiqui
Belgian Watchdog Warns against Unapproved Binary Options Brands
- OBmarkets, Good Option, Ubinary, Triumph Option, Bo Bank/Analysis Finance and BforBroker have been cited by the Belgian regulator FSMA to be providing investment services in the country without authorization.
Monday, 14/07/2014 | 07:28 GMT by
Victor Golovtchenko
Talking Cryptocurrency and Digital Crowdfunding Laws with Tal Ron, Drihem & Co
Friday, 11/07/2014 | 10:54 GMT by
Ron Finberg
Vatican Appoints Veteran Execs from Goldman Sachs, Deutsche Bank
- Drawing upon a pool of qualified financial personnel, Pope Francis has turned to veteran specialists from Goldman Sachs, Deutsche Bank AG, and Invesco to help curb rampant corruption and effectively overhaul the Vatican Bank.
Thursday, 10/07/2014 | 04:00 GMT by
Jeff Patterson
State Street Court Reaches Shareholder Settlement Worth $60 Million, Following FX Fraud
- State Street Corp, a financial services company dealing in several asset-classes, has reached a $60m settlement following a shareholder lawsuit, which alleged the firm overcharged its clients for forex-related services.
Wednesday, 09/07/2014 | 15:35 GMT by
Jeff Patterson
First Data bets on US gaming with PayLucky payment solutions
Wednesday, 09/07/2014 | 10:26 GMT by
FMAdmin Someone
Exclusive: Israeli Securities Subcommittee Chairman on Upcoming FX Regulation
- Forex Magnates spoke with Chairman Toporovsky on the implementation of the law to regulate the Forex and CFD trading industry In Israel - including a rigorous 5% leverage limit for high risk instruments.
Tuesday, 08/07/2014 | 16:01 GMT by
Avi Mizrahi
itBit Names Charles Cascarilla as Newest CEO as Firm Relocates to New York
- Eying a more promising Bitcoin future on the horizon, Singapore-based itBit has relocated to the New York City in a bid to establish itself in a broader US market, naming Charles Cascarilla as its new CEO.
Tuesday, 08/07/2014 | 13:43 GMT by
Jeff Patterson
Facing Upcoming Media Onslaught, Australian Financial Watchdog Barks Back
- After a Senate inquiry had already called for an investigation into the Australian Securities and Investments Commission performance, for its part in a bank scandal, the Commissioner lashes out at the press.
Tuesday, 08/07/2014 | 10:09 GMT by
Avi Mizrahi
June EMIR Q and A – Too Little Too Late?
- In June, a further ESMA Q and A update was published and unlike the May update.
Tuesday, 08/07/2014 | 03:00 GMT by
Mark Kelly
Jennifer Granholm Promoted to Role of Senior VP of Compliance at ADS Securities
- Abu Dhabi-based ADS Securities has recently promoted Jennifer Granholm to the rank of Senior Vice President of Compliance & Money Laundering Reporting Officer, having served with the firm previously as a Compliance Manager.
Monday, 07/07/2014 | 16:05 GMT by
Jeff Patterson
Global Futures Exchange and Trading Co Hit with NFA Complaint
- The National Futures Association (NFA) published last Friday six separate complaints it has issued against member firms which were filed on June 30th. Among those issued complaints was Global Futures and Trading.
Sunday, 06/07/2014 | 08:48 GMT by
Ron Finberg
Canadian Watchdog: FX Trading Scheme Guaranteeing Returns Breaches the Law
- Rare Investments, which led investors to believe it developed an FX trading strategy that could produce a high monthly ROI of 1%-3% actually lost most of the funds and found to violate the securities law
Tuesday, 01/07/2014 | 13:48 GMT by
Avi Mizrahi
Officials aim to ease regulations to insure MasterCard and Visa stay in Russia
Tuesday, 24/06/2014 | 14:13 GMT by
FMAdmin Someone
Canadian Parliament now regulating digital currencies
Tuesday, 24/06/2014 | 12:16 GMT by
FMAdmin Someone
US Forex Credit Card Ban Set to Become Law as NFA Approves Measure
- The US National Futures Association (NFA) has announced today that its board has approved banning the use of credit cards for funding forex accounts. The law is pending approval from the CFTC.
Monday, 23/06/2014 | 19:39 GMT by
Ron Finberg
CySEC Tightens Reporting Regime in Compliance with European Standard
- The Cypriot watchdog has announced a new capital adequacy and exposure, demanding Investment Firms who hold clients’ money or financial instruments to have an initial capital of at least €200,000.
Monday, 23/06/2014 | 08:40 GMT by
Jeff Patterson
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