Tag: investor protection

April 19, 2018 BY LeapRate Staff

SEC introduces Regulation Best Interest to protect retail investors

The U.S. Securities and Exchange Commission (SEC) today voted to propose a package of rulemakings and interpretations designed to enhance the quality and transparency of investors’ relationships with investment advisers and broker-dealers while preserving access to a variety of types of advice relationships and investment products. Under proposed Regulation Best Interest, a broker-dealer would be…

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October 31, 2015 BY Maria Nikolova

ThinkForex UK offers extra £1m insurance protection, launches spread betting on MT4

Since obtaining its FCA license, ThinkForex has been steadily building its operations in the UK. On Friday the broker announced it was beefing up protection for investors by offering an additional £1m insurance protection. Whereas most brokers regulated by the Financial Conduct Authority (FCA) offer the industry-standard Financial Services Compensation Scheme (FSCS) coverage of £50,000,…

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October 26, 2015 BY Maria Nikolova

FINRA warns US investors of binary options risks

Shortly after the U.S. Commodity Futures Trading Commission (CFTC) starting publishing a RED List of binary options and Forex brokers that target US investors without having the necessary registration to do so, the wave of alerts against the dangers of binary options continues across the United States. The US Financial Industry Regulatory Authority (FINRA), which has…

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October 20, 2015 BY Maria Nikolova

Australia introduces improved protections for client monies held at brokers

The Australian government has published its response to the Financial System Inquiry, outlining steps to bolster protection for client funds held at brokers. The report says that: The Government will develop legislative amendments to improve protections for client monies held in relation to derivatives. These improvements are needed to ensure that investors’ monies are adequately…

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