FINRA Issues New Rules on Debt Securities Disclosure
American broker/dealers will need to increase their disclosure to close bond transactions.
May 2018
New York Currency Trader Latest in USDOJ Currency Fraud Crackdown
An indictment against a former New York currency trader is the latest salvo by the US Department of Justice in its crackdown on corrupt currency traders.
SEC Steers Pilot on Equity Trading Fee and Rebates Amid Headwinds
By Ivy Schmerken Diving into one of the more controversial issues in equity market structure, U.S.
ASIC revises licensing regime for domestic and overseas market operators
ASIC has modernised and updated its regulatory guidance on the licensing regime for financial markets.
An update on the FX Global Code – Implementation and Principle 17
It is now almost a year since the FX Global Code (the Code) was launched. Today, I will update you on the progress towards its adoption within the industry.
NFA bars Rapid City, S.D. commodity trading advisor The Stock Mentor LLC and its principal Brian Kelly Johnson from membership
NFA has permanently barred Rapid City, S.D.
CBO Finds Fannie/Freddie CRT Program Moves Risk Away from Taxpayer
A program to move risk in mortgage backed securities from the taxpayer to the private market has reduced US taxpayer’s risk exposure by 11%.
RegTech Specialist muinmos Gains High-Profile Investment
RegTech Specialist muinmos has attracted two high profile investors, giving the company another tick of approval.
The Central Bank of Ireland: Warning Issued on Unauthorised Investment Firm
The Central Bank of Ireland (‘Central Bank’) today (1 May 2018) published the name of an unauthorised firm, Total International C.P.A.
Fed Fines Goldman for Lack of Institutional Control in Forex
The Federal Reserve fined one of the world’s biggest investment banks over $50 million for a lack of institutional control in their foreign exchange division.
NSW director sentenced to charges arising from unlicensed financial services business
Mr Senen Pousa, of Byron Bay, was today sentenced in the Brisbane District Court on charges brought by ASIC.
Digital currency exchange providers: register online with AUSTRAC
If you operate a DCE business in Australia, ensure you are enrolled and registered with AUSTRAC and understand your AML/CTF reporting obligations.
ASIC takes action on misleading or deceptive conduct in ICOs
ASIC is focused on misleading or deceptive conduct in the marketing and selling of digital or virtual tokens via initial coin offerings (ICOs).
April 2018
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.