Digital security company Gemalto has announced that SafeNet KeySecure has been validated for use with the latest release of NetApp® Volume Encryption (NVE) data management solution. As a result, NetApp customers do not need to encrypt the entire disk drive; they can choose to encrypt granularly at the volume level without the need and additional…
Read moreBursa Malaysia Securities Berhad (Bursa Malaysia or the Exchange) has announced that it has made enhancements to the regulatory framework for listed collective investment scheme (CIS) and business trust under the Main Market Listing Requirements (Main LR). The CIS includes the Real Estate Investment Trusts (REITs), Exchange Traded Funds (ETFs) and Closed-End Funds (CEFs). The…
Read moreIndependent Reserve, the Australian digital currency exchange, has announced that it has become the first Australian exchange of its kind to be regulated. Independent Reserve is the first exchange to be regulated by the Australian Transaction Reports and Analysis Centre (AUSTRAC). Set up in 1989, AUSTRAC ensures Australian institutions conform to the required standards around…
Read moreWe have received a formal statement from legal representatives of Michael Liberty, in response to SEC charges announced yesterday against Michael Liberty of a $48 million investor fraud. Jay Dubow, Esq. Pepper Hamilton LLP Philadelphia, PA 215-981-4713 [email protected] April 2, 2018 Reference: SEC Case 2:18-cv-00139-DBH Filed 3/30/2018 US District Court, District of Maine STATEMENT ON…
Read moreEquity derivatives clearing organization OCC has announced that total cleared contract volume in March reached 442,945,572 contracts, a 15% increase from March 2017. Highlights include: Highest first quarter volume and highest first quarter for equity options on record Cleared futures average daily volume for quarter up six percent from Q1 2017 Index options volume up…
Read moreThe U.S. Securities and Exchange Commission (SEC) has announced that it has charged two co-founders of a purported financial services start-up with orchestrating a fraudulent initial coin offering (ICO) that raised more than $32 million from thousands of investors last year. Criminal authorities separately charged and arrested both defendants. The SEC's complaint alleges that Sohrab “Sam”…
Read morePiracy and movie rights are two of the most critical issues for Hollywood yet to be resolved. Pirate website such as PirateBay and others are constantly “abusing” the producers’ rights when it comes to movies. Now, to the rescue comes blockchain. According to recent news, the first ever blockchain-based movie is called “No Postage Necessary”.…
Read moreThe U.S. Securities and Exchange Commission (SEC) has announced that it has charged Michael Liberty, the founder of the fintech startup now known as Mozido Inc., with a scheme to trick hundreds of investors into investing in his shell companies instead of Mozido. According to the SEC, Michael Liberty and his accomplices allegedly stole most…
Read moreAfter two consecutive record months for FX trading volumes to start 2018, multibank FX aggregation service FXSpotStream has announced that March volumes came in at $27.5 billion ADV - slightly (4%) below February's record $28.8 billion ADV, but still topping January’s $26.3 billion making March 2018 FXSpotStream’s second best month ever. FXSpotStream’s previous volume record coming…
Read moreThe Financial Services Commission, Mauritius (FSC) has just announced the publication of the third study of its Policy Research series. The study is entitled “The State and Future of Social Impact Investments in Mauritius”. The study provides the building blocks of the social investment market in Mauritius, namely by analysing the main actors on the…
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