CFTC Announces Whistleblower Awards Totaling More Than $1 Million
CFTC announced it will award more than $1 million to two whistleblowers who voluntarily provided information to bring a successful enforcement action.
July 2020
Kiwis Confident Financial Markets Will Recover from COVID-19, Plan to Increase Investments
Despite the majority (60%) of investors experiencing losses as a result of COVID-19, the outlook on investing remains positive, according to a FMA survey.
CMRI Announces Two Award Winners for Outstanding Capital Market Researches
SET's Capital Market Research Institute (CMRI) has recently presented the 2019 awards to Tanawat Chiewhawan from Chulalongkorn University.
DGCX Partners with American University of Sharjah to Foster Next Generation of Proffesionals Across Finance Sector
DGCX announced that it has partnered with American University of Sharjah (AUS) to foster the next generation of professionals across the finance sector.
SEC Charges Silicon Valley Start-Up and CEO With Defrauding Investors
The Securities and Exchange Commission today charged a California-based technology start-up and its chief executive officer with defrauding investors.
ASIC Suspends AFS Licence of Union Standard International Group
ASIC has suspended the AFS licence of Sydney-based retail over-the-counter (OTC) derivatives issuer Union Standard until 23 September 2020.
Shaktikanta Das: Indian economy at a crossroad – a view from financial stability angle
Speech by Mr Shaktikanta Das, Governor of the Reserve Bank of India, at the 7th SBI Banking & Economics Conclave, organised by the State Bank of India, 11 July 2020.
FIA Releases First Half 2020 Data on Futures and Options Volume Trends
Global futures and options trading grew by 32% to record-setting 21.9 billion contracts in the first half of 2020 compared to 2019, according to FIA.
FCA Provides Guidance to Firms on Maintaining Access to Cash for Customers
The FCA wants to ensure that firms treat their customers fairly when closing a branch or ATM, including considering what alternatives they can provide.
BCSC Panel Orders More than $6 Million in Sanctions Against Richmond Residents and B.C. Companies for Ponzi Fraud and Other Wrongdoing
The BCSC ordered two B.C. residents and two companies to pay a total of $6.3 million for committing fraud through a Ponzi scheme.
ASIC Sues Forex Capital Trading Pty Ltd for Unconscionable Conduct and Conflicted Remuneration
ASIC has commenced civil penalty proceedings in the Federal Court of Australia against Forex Capital Trading Pty Ltd and its sole director, Shlomo Yoshai.
SEC Charges Financial Advisor with Fraud for Stealing Millions from Investors
SEC today charged former registered representative and investment adviser Michael Barry Carter with fraud for stealing from brokerage customers.
Clive Palmer Charged Over Breaches of Directors’ Duties and Fraud
Following an ASIC investigation, Clive Palmer has been charged with dishonest use of position as a director and fraud by dishonestly gaining a benefit.
5th UK-Singapore Financial Dialogue Discusses Financial Markets Developments and Future Areas for Bilateral Cooperation
5th UK-Singapore Financial Dialogue was held over a virtual meeting and discussed financial markets develpments and future areas for bilateral coorporation.
Federal Court upholds ASIC’s appeal on Robert Hutchison
Following an appeal by ASIC, the Federal Court set aside a decision of the AAT not to ban Mr Robert Hutchison from providing any financial services.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.