CFTC Orders Australian Company to Pay $1 Million for Spoofing
CFTC issued an order settling charges against Propex Derivatives Pty Ltd, an Australian company for spoofing in Chicago Mercantile Exchange futures market.
January 2020
SEC Files Charges Against Scheme to Sell Fictitious Interests in Marijuana Company
SEC files charges against three companies they controlled, for an alleged scheme that defrauded investors against scheme to sell fictitious interests.
NSE Is Now World’s Largest Derivatives Exchange
NSE emerged as the world's largest derivatives exchange by number of contracts traded surpassing the CME Group, based on the statistics published by FIA.
ASIC Suspends AFS Licence of Global Merces Funds Management
ASIC has suspended the Australian financial services (AFS) licence of Global Merces Funds Management Ltd (Global Merces) for a period of six months.
Autoriti Monetari Brunei Darussalam and the Monetary Authority of Singapore to Expand Cooperation
AMBD and MAS committed to new areas of expand cooperation, with the signing of an enhanced Memorandum of Understanding (MoU) on Bilateral Cooperation.
SEC Awards Whistleblowers Whose Information Helped Stop Fraud
SEC awards Whistleblowers whose information helped stop fraud. It announced two whistleblower awards in connection with two separate enforcement actions.
FIA Seeks Clarity from the CFTC on Permissible Market Practices for Margining Separate Accounts
Futures Industry Association seeks clarity from the Commodity Futures Trading Commission on permissible market practices for margining separate accounts.
Over $63 Million to Be Returned to Investors in Alleged Real Estate Investment Fraud
SEC announced that it obtained a court order authorizing the distribution of over $63 million to investors alleged real estate investment fraud.
Majority of Canadian Investors Surveyed Want Investment Advice From a Regulated Source
Nearly nine in 10 of current investors and seven in 10 of aspiring investors feel it's important that investment advice come from a regulated source.
Equities Rebound on WHO’s Report, Wall Street to Scale Record Level on Intel Gains
Fear surrounding the Chinese virus outbreak has finally eased up as the WHO declared that the new virus is not an international emergency.
EURUSD Under Pressure After ECB, Stocks Rebound
Stocks rebound in Asia and managed to end on positive grounds amid the coronavirus outbreak concerns in eight cities in China.
ICYMI: Making Derivatives Markets Work for American Agriculture
America’s farmers and ranchers are at the heart of our real economy. Yet for the past six years, production of American agriculture has faced turbulence.
SEC Charges Convicted Criminal Who Conducted Fraudulent ICO Using a Fake Identity
SEC charged convicted criminal Boaz Manor, his business associate, and two businesses who conducted fraudulent ICO using a fake identity.
ASIC Suspends AFS Licences of Theta Asset Management and Valuestream Investment Management
ASIC has suspended the Australian financial services licences of Theta Asset Management Ltd and Valuestream Investment Management Ltd until 21 July 2020.
Policy rate unchanged at 1.50 percent
The Monetary Policy and Financial Stability Committee has decided to keep the policy rate unchanged at 1.50 percent.
The Riksbank would like the BIS to establish an innovation hub in Sweden
BIS has recently begun to establish innovation hubs in a few countries to work at an in-depth level on analysing technological financial innovation.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.