UBS share trading stopped temporarily on 27th September after falling by nearly 8%. This occurred in the wake of a Bloomberg news report about a current US Department of Justice probe into the possibility that the financial institution failed to comply with sanctions and, in doing so, helped Russian clients side-step the sanctions. In light…
Read moreSouthwark Crown Court today ordered convicted fraudsters Jeffrey Revell-Reade and Anthony May to pay a total of £11, 001,000 in compensation, following an investigation by the UK Serious Fraud Office into a large-scale boiler room fraud. Jeffrey Revell-Reade, 51, was ordered to pay a £10,751,000 confiscation order, whereas Anthony May, 60, was ordered to pay…
Read moreThe receivers of the brokerage report that around NZ$9 million (US$6.3 million) were deposited into accounts of BlackfortFX (Arena Capital).
Read moreCFTC SmartCheckSM is a national campaign that launched in November 2014 to help investors identify and protect themselves against financial fraud
Read moreAccording to Swedish Financial Regulator Finansinspektionen, unregulated firm Glacier Bay Capital LLC is an advance fee fraud scheme
Read moreBritish financial giant Barclays in receipt of lawsuit by New York Attorney General Eric Schneiderman in latest governmental crackdown on dark pool activity. Undeterred, FX traders are set to increase use of dark pools.
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