FXCM founding partner and executive of 15 years Eduard Yusupov's liquidation of $1.5 million in FXCM corporate stock leaves him with a further $80 million in shares which he retains
Read moreThe US Securities and Exchange Commission (SEC) today suspended trading in four companies that claim to be developing products or services in response to the Ebola outbreak, citing a lack of publicly available information about the companies’ operations. The SEC simultaneously issued an investor alert warning about the potential for fraud in microcap companies purportedly…
Read moreExpressing concern over perceived lethargy from the G20's Financial Stability Board, SEC Chair Mary Jo White demands action taken to remove barriers to OTC derivatives trade reporting in the quest for global standardization of regulation
Read moreThe Securities and Exchange Commission issued the following litigation release...
Read morePhil Mackintosh, KCG's Head of Trading Strategy and Analysis has published an analysis called "Who Gets the Short End of the 'Tick?" which examines the Securities and Exchange Commission's pilot program to widen tick sizes in electronic trading. Are dark pools the future across North America?
Read moreWith the dreams of many investors wishing to circumvent the traditional financial markets system by trading Bitcoin on virtual exchanges severely damaged, Bitcoin venues partnering with established stock exchanges may restore the faith. Despite the nerve-wracking journey which Bitcoin has taken recently, America's virtual currency advocates are making almost daily progression toward integrating it into…
Read moreBrian Williamson has misrepresented a fund’s internal rate of return 10 times from 3.8 to 38.3% US Securities and Exchange Commission has issued a statement detailing its settlement with formar portfolio manager from Oppenheimer & Co. Brian Williamson. The regulator has imposed a permanent ban from the securities industry and the defendant will pay $100,000…
Read moreDodd-Frank exception for SEC registered broker dealers was to expire July 16, 2013. The SEC has quietly extended by three years the exception provided to broker dealers to engage in what it terms 'retail forex transactions'. By the straight Dodd-Frank Act rules, all broker dealers in the U.S. were to cease Forex transactions with retail…
Read moreGives FXCM flexibility to raise public equity or debt. Leading retail FX firm FXCM, the world's largest online FX broker (and a member of LeapRate's Approved List), filed a prospectus with the U.S. Securities and Exchange Commission (or "SEC") which will allow FXCM to issue up to $125 million in equity and/or debt securities in the…
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