sec
Social Media Sellers Get Busted as SEC Charges for FX & Investment Fraud
- US regulator has charged two Indian-based fraudsters & their firm for their involvement in a high-yield investment scheme that offered guaranteed returns. The firm was caught-out for its mis-selling on social media.
Wednesday, 12/11/2014 | 20:39 GMT by
Adil Siddiqui
FINRA & SEC Issue Investor Warning on Penny Stock Fraudsters
- The Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission's (SEC) Office of Investor Education and Advocacy has released a warning to investors over volatile penny stocks.
Thursday, 30/10/2014 | 17:53 GMT by
Jeff Patterson
Bitcoin 2.0 leaders deny reports of SEC action: "We do software, not securities"
Wednesday, 29/10/2014 | 13:04 GMT by
Leon Pick
Former SEC Chairman Arthur Levitt to serve as advisor to BitPay, Vaurum
Tuesday, 28/10/2014 | 16:01 GMT by
Leon Pick
Social Media Messages of Probed FX Traders to Be Accessed by EU Investigators
- Investigators at the helm of the ongoing antitrust probe by the EU’s European Commission have allegedly requested access to the Facebook personal messages of FX traders working at major banks involved.
Tuesday, 28/10/2014 | 00:16 GMT by
Victor Golovtchenko
State Street Sees Positive Growth-Operating Revenues, FX Trading & Brokerage Fees in the Green
- State Street has reported operating metrics for the third quarter of 2014. The bank saw an uptake in its revenue compared to 2013 figures, in its FX trading division its earnings increased 11%.
Friday, 24/10/2014 | 17:53 GMT by
Adil Siddiqui
Boston Trading Owner, Craig Karlis Sentenced to 9 Years in Prison for Forex Fraud
- Massachusetts based owner of the company Boston Trading and Research LLC, Craig Karlis was sentenced to nine years in prison and commissioned to pay to defrauded victims of his forex scheme $4,378,306.
Friday, 19/09/2014 | 21:15 GMT by
Victor Golovtchenko
Hedge Funds Allowed to Advertise Freely Pending a Notice to the CFTC
- The decision permitting private funds to advertise has been unveiledIn in a letter by the CFTC , acting as a harmonization effort to put outdated rules in sync with a 2012 law mandating the SEC to lift ads limits.
Friday, 12/09/2014 | 13:49 GMT by
Victor Golovtchenko
US Watchdog Pays $300,000 Whistleblower Award to Compliance Agent Who Reported on His Firm
- The SEC proves that it is willing to pay big for employees to rat on their firms in its battle against fraud and corruption with the first award for a whistleblower with an audit or compliance function at a company.
Tuesday, 02/09/2014 | 19:05 GMT by
Avi Mizrahi
FXCM Reduces Its Credit Facility to $150 Million - Cites Strong Balance Sheet
- Despite a difficult quarter in operating metrics FXCM changes in the amount of credit it has, signalling favourable times for the broker, it also revealed the exact amount it paid for its recent acquisition of FXDD.
Friday, 08/08/2014 | 21:44 GMT by
Adil Siddiqui
President William O'Brien Parts Ways With BATS Global Markets
- BATS Global Markets’ William O'Brien has relinquished his role as acting President of the company, with CEO Joe Ratterman reassuming the vacated role in a series of moves that are effective immediately.
Wednesday, 23/07/2014 | 20:22 GMT by
Jeff Patterson
Winklevoss Bitcoin Trust says shares to trade on NASDAQ under "COIN"
Wednesday, 02/07/2014 | 08:37 GMT by
Leon Pick
IEX Appoints Leading SEC Official, John Ramsay, as Its Newest Regulatory Officer
- The IEX, a beacon of transparency and fairness in the financial industry, has announced that former SEC Acting Director John Ramsay will be joining the organization as its newest Chief Market Policy and Regulatory Officer.
Tuesday, 17/06/2014 | 10:13 GMT by
Jeff Patterson
Pantera Capital Files Latest Docs, Reports $96M in Investments
Tuesday, 10/06/2014 | 08:16 GMT by
Ron Finberg
As FCA Defends HFT and SEC Goes Neutral, “Big Tobacco Lawyer" Steps into the Ring
- Regulators have adopted a mild approach, but the lawyer who made Big Tobacco companies pay billions has filed a class action lawsuit against exchanges who allowed front running. His name, by the way, is Michael Lewis.
Monday, 09/06/2014 | 20:27 GMT by
Victor Golovtchenko
Bitcoin community reacts after SEC brings down hammer on Voorhees
Thursday, 05/06/2014 | 12:08 GMT by
Leon Pick
SEC Alert on Bitcoin: You May Be Exposed Where You Least Expect It
Thursday, 08/05/2014 | 14:12 GMT by
Leon Pick
High Frequency Trading: Analysis of an Industry Game Changer
- Regulators around the globe are panicking in the aftermath that the high-frequency trading scandal raised after the release of Flash Boys, while CME and CBOT are being sued for allegedly not providing real-time market data.
Wednesday, 16/04/2014 | 14:11 GMT by
Victor Golovtchenko
SecondMarket Aims to Open Up Bitcoin Investment Trust to Regular Investors
Thursday, 20/03/2014 | 10:10 GMT by
Leon Pick
Analysis: FXCM Annual Report Reveals New Legal Battle and Volume Trends
- On the heels of last week’s February metrics, financial services and fx provider FXCM has released an extended SEC filing statement, entailing a variety of company trends and legal proceedings.
Monday, 17/03/2014 | 21:02 GMT by
Jeff Patterson
CME Uncertain about Success of OTC Clearing Business, According to SEC Filing
- The Chicago Mercantile Exchange filed its annual report to the Securities and Exchange Commission today. Average Daily Volume of FX contracts was 886,000 in 2013 at the CME, up 4.9% thanks to Yen and GBP.
Monday, 03/03/2014 | 14:30 GMT by
Avi Mizrahi
SEC Fines Credit Suisse $196 Million for Unregistered Cross-Border Brokerage Services
- The SEC has announced formal charges against Credit Suisse for the violation of US Federal Securities laws through the illegal providing of cross-border brokerage and services to unregistered US clients.
Friday, 21/02/2014 | 18:50 GMT by
Jeff Patterson
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