regulation
CFTC Establishes Working Group For Review Of Swap Transaction Data & Record Keeping
- The Commodity Futures Trading Commission has today announced the implementation of a working group which is responsible for reviewing certain swaps transaction data record keeping and reporting provisions
Tuesday, 21/01/2014 | 17:43 GMT by
Andrew Saks McLeod
FCA Outlines Proposed Expenses Levy For Financial Compensation Scheme
- Britain's Financial Conduct Authority has today released a consultation paper proposing that the Management Expenses Levy Limit under its customer compensation scheme should be set at £80 Million
Monday, 20/01/2014 | 21:02 GMT by
Andrew Saks McLeod
CySEC Warns Investors That FX TRIDENT 365 LTD, Tridentfx.com, Not Authorised In Cyprus
- The Cyprus Securities & Exchange Commission warns about a firm whose URL is not operational as of publication, but cached web data had listed it in Cyprus, calls to the firm from Forex Magnates went to its voice-mail.
Monday, 20/01/2014 | 13:02 GMT by
Steven Hatzakis
French Regulator Warns of 69 Binary Options Websites, Adds 9 New To List, Removes 4
- The Autorité des marchés financiers, known as the AMF of France, has issued a warning of sixty nine binary options websites, adding nine new websites to the list and while removing four websites since its last warning.
Monday, 20/01/2014 | 09:02 GMT by
Steven Hatzakis
Nadex Receives Certain CFTC Exemptive Relief Due To Its Different Business Model
- The IG Group subsidiary operating under the name North American Derivatives Exchange, known as Nadex, just had its request granted by the CFTC for relief from specific requirements deemed not applicable to its business.
Friday, 17/01/2014 | 22:59 GMT by
Steven Hatzakis
MiFID II Update: HFT Crackdown, Speculative Position Limits, and Investor Protection
- The long anticipated changes to the Markets in Financial Instruments Directive (MiFID), announced earlier this week, is set to bring a wave of regulatory changes, as a result of the European Parliaments recent agreement.
Friday, 17/01/2014 | 19:19 GMT by
Steven Hatzakis
CySEC Slaps the Wrists of Two Binary Options Related Firms
- Out of a maximum limit of €350,000, the Cyprus Securities and Exchange Commission fined an unlicensed broker €8,000 and a payment processor €10,000 for "false or misleading statements" to the regulator.
Thursday, 16/01/2014 | 16:30 GMT by
Avi Mizrahi
Bitcoin regulatory status around the world, January 16th 2014 update
Thursday, 16/01/2014 | 15:49 GMT by
FMAdmin Someone
Exclusive: FX Licensing Consultancy Launches Technology & Social Trading Solution
- FX licensing company Archer Consultants completes its quest for a turnkey solution with APIFX, a broker-neutral technology solution launched today, as well as a broker and liquidity agnostic social trading network.
Thursday, 16/01/2014 | 14:27 GMT by
Andrew Saks McLeod
Forex Thief Gets 15 Years, Gambled Clients' Funds at Casino, Tried Evading Capture
- The slick forex fraudster wasn't so smooth, after unlawful conduct, including evading feds and obtaining a high quality fake Russian passport, were not enough to keep Aleksander Efrosman from getting a +15 year prison term.
Thursday, 16/01/2014 | 09:58 GMT by
Steven Hatzakis
Forex Scandal Deepens, Deutsche Bank Moves To Suspend Latin-Based Traders
- The world’s largest foreign exchange dealer Deutsche Bank AG, has suspended a number of currency traders following an ongoing investigation that recently unveiled fraudulent charges of rate rigging.
Wednesday, 15/01/2014 | 23:49 GMT by
Jeff Patterson
Federal Court Ruling in Forex Fraud, $1.5M in CFTC Sanctions to Mark E. Rice of Texas
- A permanent registration/ trading ban, handed down by a Texas court, to defendant Mark E. Rice, along with $1.5 million in civil penalty's and restitution, as part of a CFTC complaint uncovering a fraudulent Forex scheme.
Wednesday, 15/01/2014 | 21:01 GMT by
Steven Hatzakis
Full Procedure Relating To EMIR - Spot FX Exempt!
- If you trade in derivatives in all asset classes you will need to report all transactions as part of EMIR regulation.
Wednesday, 15/01/2014 | 14:30 GMT by
Trevor Clein
Rewrite of MiFID Rulings Bears Down On Dark Pools As Europe's Anti-HFT Stance Strengthens
- Europe's regulatory rule-makers have conducted an extensive rewrite of the MiFID rulings, under the designation of MiFID, with emphasis on trade reporting, and stepping up sentiment against algorithmic trading.
Wednesday, 15/01/2014 | 11:19 GMT by
Andrew Saks McLeod
RoboForex Joins The Financial Commission As Membership Gains Further Momentum
- Impartial FX industry dispute resolution service The Financial Commission has today announced that RoboForex has become its seventh member, as support for the service continues to grow.
Tuesday, 14/01/2014 | 16:28 GMT by
Andrew Saks McLeod
IG Group Posts Rising Profits as Europe Shines, Is a Return to the US in the Cards?
- IG Group has posted H1, with net trading revenue rose to £182.7 million, 8.1% above last year’s data and profits rising 22%. They also commented on their proposed Swiss initiative plus a mystery country.
Tuesday, 14/01/2014 | 08:39 GMT by
Ron Finberg
Federal Reserve Joins Forex Probe, Targets Largest Banks Over Currency Manipulation
- The U.S. Federal Reserve has initiated an investigation, joining other regulators in ascertaining the truth surrounding forex manipulation and the lack of oversight and controls over currency trading.
Tuesday, 14/01/2014 | 00:55 GMT by
Jeff Patterson
CFTC Releases Full Metrics For Every FCM & FX Dealer In North America
- The US Commodity Futures Trading Commission has today released a set of statistics which detail the financial data of each FCM and FDM, from net adjusted capital to amount committed to retail FX.
Monday, 13/01/2014 | 21:15 GMT by
Andrew Saks McLeod
Binary Options Crackdown BCSC Warns of RBOptions, 24Options, GOoptions and TradeRush
- After its August warning of binary options providers, urging residents in its province of the risks, the latest warning about RBOptions comes from the British Columbia Securities Commission, as a wave of warnings builds.
Saturday, 11/01/2014 | 13:58 GMT by
Steven Hatzakis
CySEC Refuses CIF License to Stardor Limited Who Runs Shortoption.com
- Cypriot financial regulator, the Cyprus Securities and Exchange Commission, has announced that Stardor Limited has been refused as a Cyprus Investment Firm due to incoherent information about the firm’s shareholder.
Friday, 10/01/2014 | 21:20 GMT by
Adil Siddiqui
Dow Jones 'Breaks the Use of Unauthorized News'& Files Lawsuit Against Ransquawk
- Dow Jones, a leading news and information publisher has announced that it has filed a lawsuit against a UK based news and audio service provider to the trading community. It claims the firm redistributed its content without authorisation.
Friday, 10/01/2014 | 19:53 GMT by
Adil Siddiqui
Exclusive: New Zealand Strengthens As APAC Hub. BMFN Licenced & Launches eforex
- BMFN has established a solid affiliate network in the Asia Pacific region amounting to over 4000 IBs. Today, the firm strengthens its presence by heading to the Antipodes and setting its sights among the big names.
Friday, 10/01/2014 | 17:06 GMT by
Andrew Saks McLeod
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