sec
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
Horizon Software Fortifies Asset Suite with Advanced Algorithmic Pre-Trade Platform
- Horizon Software, a software and front-end solutions provider announced the release of its new multi asset-class pre-trade algorithmic platform, specializing in risk management, via a company statement.
Tuesday, 18/02/2014 | 22:13 GMT by
Jeff Patterson
BATS and Direct Edge Get Green Light from SEC to Merge, Rebate Model Paying Off
- Two regulated stock exchanges with a combined market-share of nearly 20% of the US stock market volumes got regulatory approval from the Securities and Exchange Commission to merge, deal is expected to close within days.
Saturday, 01/02/2014 | 13:41 GMT by
Steven Hatzakis
Brown Brothers Harriman Appoints Michael McGovern as MD, CIO and Head of Systems
- Ex-Citi Transaction Services Managing Director and Global Technology Head of Securities & Fund Services has been appointed several senior roles at BBH which operates in seventeen global locations, and in markets such as FX.
Tuesday, 21/01/2014 | 19:28 GMT by
Steven Hatzakis
Knight Capital Americas Gets Renamed KCG Americas, Unlocks Cost Synergies
- The NJ-based operator in both US Equities and Foreign Exchange markets, through its diversified businesses, has consolidated post-merger related entities to unlock cost benefits as its renames a key business segment.
Thursday, 02/01/2014 | 14:13 GMT by
Steven Hatzakis
Bitcoin Trading Platform Coinsetter Files With SEC To Raise $1.5 Million
- Bitcoin trading platform Coinsetter Inc. a has filed with the SEC to raise $1.5 million from venture capitalists, despite recent announcements by regulators, warning of trading the digital currency.
Saturday, 28/12/2013 | 09:39 GMT by
Jeff Patterson
Volcker Rule Kicks Off Risky Bank Prop Trading
- The much awaited Volcker Rule was finally sanctioned by five US regulatory authorities. The move comes on the back of the 2008 credit crisis which saw some of the largest financial institutions file bankruptcy.
Tuesday, 10/12/2013 | 23:19 GMT by
Adil Siddiqui
Market Are Buyers, But Insiders Are Sellers of GAIN Capital Stock
- Traders have been buyers of GAIN Capital stock following its second quarter earnings report earlier this month. On the other hand, taking advantage of the rally, GAIN insiders have been sellers, as shares hit a 52 week high.
Thursday, 29/08/2013 | 13:51 GMT by
Ron Finberg
Ladies At The Top: SEC Elects Kara M. Stein As Commissioner
- The US Securities and Exchange Commission elected Kara M. Stein as Commissioner on Friday last week, superceding Elisse B. Walter. Serving under incumbent Chair Mary Jo White, this represents a highly senior position.
Sunday, 11/08/2013 | 09:16 GMT by
Andrew Saks McLeod
SEC Increases Rulings For Firms Holding Client Assets - Imposes Further Protective Policies
- The handling of client funds is a matter at the heart of regulatory policy currently, further borne out by today's ruling by the SEC that it will adopt more stringent rulings on the handling of client funds placed with broker-dealers.
Wednesday, 31/07/2013 | 20:21 GMT by
Andrew Saks McLeod
High Frequency Trading Takes a Sharp U-turn - Heading in the Right Direction
- High frequency trading accounts to a considerable market share of global e-trading, this is a preview of a report in the Forex Magnates Quarterly Q2 report reviewing the many changes that have been affecting this sector.
Monday, 29/07/2013 | 07:40 GMT by
Adil Siddiqui
Largest Bitcoin Ponzi Scheme Uncovered – SEC Charges Pirateat40 For Fraud
- Ponzi schems remain a big business and the rise of alternative currencies only make them easier to operate. Due to its anonymity, bitcoins have attracted fraudsters, with Pirateat40 being the biggest scamster of all time.
Wednesday, 24/07/2013 | 08:04 GMT by
Ron Finberg
SEC Gets Its Act Together - Publishes Final Ruling On Retail FX
- Just one day after SEC Commissioner Luis Aguilar expressed his dismay at the length of time taken to produce final rulings on retail FX, the regulator today produced its full and concise ruling in final form.
Friday, 12/07/2013 | 16:51 GMT by
Andrew Saks McLeod
Get A Move On! Senior SEC Official Expresses Frustration At Dodd-Frank Delays In Retail Sector
- Whilst the CFTC has spent the first half of this year reasonably satisfied with its progress on working toward completion of rulings on the Dodd-Frank Act, one senior SEC official expresses dismay at what he sees as unnecessary delays.
Friday, 12/07/2013 | 08:19 GMT by
Andrew Saks McLeod
Banc De Binary Speaks Out Amid US Lawsuit - No More American Clients, But Will Regulators Continue With Proceedings?
- Further to last month's proceedings issued against Banc De Binary for allegedly engaging in the illegal activity of soliciting US clients, the firm today issued a statement that it is not accepting US clients. Outcome of lawsuit still hangs in the balance.
Saturday, 06/07/2013 | 14:01 GMT by
Andrew Saks McLeod
Winkelvoss Twins To Float Bitcoin ETF - Winklevoss Bitcoin Trust
Tuesday, 02/07/2013 | 13:03 GMT by
Ron Finberg
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.
Tuesday, 11/06/2013 | 19:08 GMT by
Adil Siddiqui
Agenda Announced for SEC Advisory Committee Meeting For Small and Emerging Companies
Tuesday, 23/04/2013 | 06:52 GMT by
Andrew Saks McLeod
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