Your Weekly Trading Review by UFX.com – Sunday, March 11, 2018 Here are some of this past week’s leading economic news and events that affected the financial markets: The Markets in a Nutshell US Stocks ended the week on top: S&P 500 rose by 1.74%, closing at a value of 2,786.57; NASDAQ rose by 1.79%, ending at…
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What warnings are Chinese authorities now posting for foreign Retail FX brokers operating in the country? Who is taking London Capital Group private? Who has replaced Teddy Sagi as Playtech's largest shareholder? Why did Exness inject $2 million into its FCA regulated UK sub? What FX sector executive moves were made involving Pepperstone, Saxo Bank, IG…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Jupiter Loans. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
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The Securities and Exchange Commission (SEC) announced that it has barred the president of a penny stock company from ever again serving as a public company officer or director after he was caught making false and misleading statements about the company to investors in an effort to increase demand for the stock. The SEC confronted…
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Financial Services Superintendent Maria T. Vullo and the Supervisor of Banks at the Bank of Israel, Dr. Hedva Ber, have just announced that they have signed an agreement of understanding (MoU) and cooperation between the two authorities. The Governor of the Bank of Israel, Dr. Karnit Flug, approved the signing of the document. The memorandum…
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The Nova Scotia Securities Commission (NSSC) has made an announcement today, alerting Nova Scotians that Bitcoin Bank/Bitcoin-bank.io is not registered to sell securities in Nova Scotia. Bitcoin Bank claims to be a cryptobank that provides financial and investment services. It is soliciting investments in its BTCB coin that it claims to trade on crypto, Forex,…
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NZX has provided to the public a further update on its refreshed strategy and delivery plans, announcing its intention to progress strategic alliances with global exchanges in order to increase its connectivity and global scale. The exchange completed a comprehensive review of its business in 2017. This resulted in a fundamental reset of its organisation…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cinven. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam…
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The Hong Kong Securities and Futures Commission (SFC) just informed the public that it has issued a restriction notice to Interactive Brokers Hong Kong Limited (IBHK), prohibiting it from dealing with or processing certain assets held in a client account (the Client Account) which is related to suspected insider dealing in the shares of Bloomage…
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The Securities and Exchange Commission (SEC) has announced that it has charged two investment adviser subsidiaries of Voya Holdings Inc. with failing to disclose conflicts of interest and making misleading disclosures in connection with their practice of recalling securities on loan so their affiliates could receive tax benefits. The advisers agreed to pay approximately $3.6…
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