The Securities and Exchange Commission (SEC) has informed the public that it has charged a Dallas-based oil-and-gas company and two of its executives with defrauding investors out of at least $950,000 through a string of fraudulent oil-and-gas securities offerings. The SEC’s complaint, which was filed yesterday in federal court in the Northern District of Texas,…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm TCV & Partners. 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…
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Online broker-dealer and futures commission merchant TradeStation Group, Inc., a fully owned subsidiary of Monex Group, Inc. (TYO:8698), has just announced that it now provides its clients with real-time market data for four of the world’s most popular cryptocurrencies. The four virtual assets are Bitcoin, Ethereum, Bitcoin Cash and Litecoin. Providing clients with real-time market…
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LeapRate Exclusive... LeapRate has learned that Saxo Capital Markets (Australia) Pty Ltd, the ASIC-licensed Australia arm of Copenhagen based multi-asset broker Saxo Bank, has hired Ariel Lao as its new Marketing Manager and Chief Experience Officer (CXO). Ms. Lao, a University of Melbourne graduate, joins Saxo Bank in Sydney from IG Group Holdings plc (LON:IGG), where she…
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Good news, bad news. Or actually, the other way around. FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP), which operates the retail Forex.com and City Index brands and the institutional GTX business, has reported its results for the fourth quarter of 2017, indicating a significant slowing of its business during Q4. That's the bad news.…
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After Goldman Sachs-funded company Cirle acquired Poloniex, one of Coinbase’s biggest rivals, Coinbase may be on the hunt of lucrative M&A opportunities, as rumored by media. One of the major reasons for press to speculate on Coinbase’s future intentions is the recent appointment of Emilie Choi, a famous dealmaker who previously brought over 40 acquisitions…
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The Securities and Exchange Commission (SEC) has announced settled charges against Merrill Lynch, Pierce, Fenner & Smith Inc. company for its failure to perform required gatekeeping functions in the unregistered sales of securities on behalf of a China-based issuer and its affiliates. The SEC’s order found that Merrill Lynch sold almost three million shares of…
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Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) has reported the following monthly volumes for the month of February 2018. Number of total accounts was just about the same as in January, with a tiny rise of 0.4% to 1,756,137. Average number of trades per business day was slightly down to 147,083…
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The independent membership organisation, Quoted Companies Alliance (QCA), has announced that publicly quoted companies are actively looking to appoint women to top positions to achieve a better boardroom balance and address concerns about diversity in business, as indicated by its newest research. Among quoted companies that recruited for board positions in 2017, 40% explicitly sought out…
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The European Commission informed that it has just unveiled its Action Plan on how to harness the opportunities presented by technology-enabled innovation in financial services (FinTech). Europe should become a global hub for FinTech, with EU businesses and investors able to make most of the advantages offered by the Single Market in this fast-moving sector.…
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