October 2019
FCA Fines Prudential £23,875,000 for Failures Relating to Non-Advised Annuities Sales
FCA has today fined The Prudential Assurance Company Limited (Prudential) £23,875,000 for failures related to non-advised sales of annuities.
Equities Mixed As Trade Talks Resume, Updates Awaited
The US move to blacklist Chinese firms dampens investor sentiment which is already weighed down by caution ahead of the start of trade talks later today.
European Equities Started Lower, Gold Below 1,500
Nikkei 225 benchmark in Tokyo ended 1.02% higher at 21,591, recovering from losses yesterday as investors focus on the latest US non-farm payrolls report.
Luis de Guindos: Key vulnerabilities for euro area financial stability
Remarks by Mr Luis de Guindos, Vice-President of the European Central Bank, at the meeting of the Financial Stability Contact Group, Frankfurt am Main, 2 October 2019.
FINRA’s Department of Enforcement Explained
The Department of Enforcement within FINRA, the Financial Industry Regulatory Authority, has four units, a key reform from 2018.
SEC Explains Differences Between Brokers and Investment Advisors
An investment advisor, Clayton noted, “generally manages your account.
CFTC Orders CHS, Inc. to Pay $500,000 Penalty for Reporting Violations
The U.S. Commodity Futures Trading Commission announced today that an order filing and simultaneously settling charges against CHS, Inc.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.