SEC Charges Robo-advisors with making false statements about investment products
The Securities and Exchange Commission’s (SEC) enforcement arm is taking on a new target, and this one may not be human. (robo advisors).
December 2018
ASIC Reviews Allocations Practices in Equity Raising Transactions
ASIC's review of allocations in equity raising transactions underscores the potential impact of conflicts of interests in allocation decisions.
Former Company Director Jailed for Stealing $1 Million
Former Company Director Jailed for Stealing $1 Million, Mrs Maureen Johnston, of Carrum Downs, Victoria was today sentenced.
Darren Newton Banned From Working in the Financial Services Sector
FCA has today banned Darren Newton from working in the financial services sector used customers’ money for the purchase of the debt management firm.
Recession fears and renewed Sino-US trade tensions disrupts Asian equities and European early trading session
Recession fears and renewed Sino-US trade tensions have hit Asian equities and European early trading session. Hong Kong’s Hang Seng gave up 0.2%.
Banco de México’s Governing Board decided to raise the target for the overnight interbank interest rate by 25 basis points to 8.25%.
Banco de México’s Governing Board has decided unanimously to raise the target rate for the overnight interbank interest by 25 basis points to 8.25%.
Asian Stocks Sell Off continues After FED Raises Rates
The Wall Street slumped to 15-month low after FED as we expected raised rates by a quarter.
Bank of Japan keeps stimulus unchanged at last policy meeting of year
The Bank of Japan left its stimulus settings unchanged at its final policy meeting of the year, as risks to inflation mount.
SEC Solicits Public Comment on Earnings Releases and Quarterly Reports
SEC Solicits Public Comment on Earnings Releases and Quarterly Reports, on the nature, content, and timing of earnings releases and quarterly reports.
GMI Integrates with Gold-i’s Matrix
FCA regulated institutional broker, GMI has partnered with Gold-i to make its multi-asset liquidity accessible to Gold-i’s global client base.
BNY Mellon to Pay More Than $54 Million for Improper Handling of ADRs
Washington D.C., Dec. 17, 2018 — The Securities and Exchange Commission today announced that BNY Mellon will pay more than $54 million to settle charges.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.