Keeping good company certainly pays when it comes to representatives which conduct business on behalf of retail firms, as PGW Financial Services enters Enforceable Undertaking following ASIC surveillance
Read moreStratford-on-Avon resident Phillip Boakes appeared at City of London Magistrates' Court yesterday charged with several offences surrounding his activities.
Read moreCloning has become a cause for concern for regulatory authorities recently, with this attempt by a firm which cannot distinguish between London and Sydney, being the most recent attempt to part investors with their funds.
Read moreThe USA once again demonstrates its commitment to customer protection as a Massachusetts court is set to hand down two potential 20 year sentences and a $500,000 fine to Marcellus Lopes Lee for 16 counts of wire fraud and utilizing client funds for his own purposes.
Read moreAfter a year of legal proceedings, the OS has taken action against Canadian Ponzi scheme operators which bilked customers out of funds, promised unrealistically high returns, with most of the funds having been misappropriated.
Read moreEU Financial Services Commissioner Michel Barnier believes the potential for money laundering and terrorist financing is too serious to ignore
Read moreAustralia's national financial regulator has obtained a court order against unlicensed FX firm which promised "quick executions, low spreads, and intelligent customer-service", but withheld profits from clients. With the firm now closed by ASIC, the investigation continues.
Read moreBarclays Chairman has established a compliance academy in conjunction with Cambridge University, believing that internal procedure and corporate responsibility is a better approach to good conduct within major FX dealers as opposed to draconian regulation.
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.
Read moreFuad Ahmed and his firm Success Trade Securities ordered to ordered to pay approximately $13.7 million in restitution to 59 investors.
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