OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
SEC Suspends Trading in Company for Making False…
Washington D.C., Oct. 22, 2018 — The Securities and Exchange Commission today suspended trading in the securities of a company amid questions surrounding its statements about partnering with a claimed SEC-qualified custodian for use with…
Upcoming Elections for FINRA Committee
[caption id="attachment_317840" align="alignleft" width="127"] Chip Jones, FINRA’s Senior Vice President[/caption] FINRA, the Financial Industry Regulatory Authority, will soon have an election for two members of the Small Member Firm Committee. Chip Jones is FINRA’s Senior…
SEC Charges Ameriprise Financial Services for Failing to…
Washington D.C., Aug. 15, 2018 — The Securities and Exchange Commission today announced that Ameriprise Financial Services Inc. will pay $4.5 million to settle charges that it failed to safeguard retail investor assets from theft…
FINRA Staff Talk About Innovation Initiative
[caption id="attachment_314687" align="alignleft" width="196"] Kavita Jain, Director Emerging Regulatory Issues at FINRA[/caption] Artificial intelligence is helping the Financial Industry Regulatory Authority (FINRA) spot spoofing. That promising statement was made by Kavita Jain, Director, Office of…
Ruling in FINRA Related Arbitration Raises Confusion
[caption id="attachment_313121" align="alignleft" width="222"] Judge Raffi N. Yessayan[/caption] A ruling by a Massachusetts Superior Court Judge shows how murky the exact legal standing of FINRA, the Financial Industry Regulatory Authority, is. The ruling was made…
SEC Shuts Down $102 Million Ponzi Scheme
Washington D.C., June 19, 2018 —The Securities and Exchange Commission today filed charges and obtained an asset freeze against the individuals and companies behind a $102 million Ponzi scheme that bilked investors throughout the U.S.…
FINRA Issues New Rules on Debt Securities Disclosure
American broker/dealers will need to increase their disclosure to close bond transactions. That is the effect of an enhancement to a rule to take effect on May 14 by FINRA, the Financial Industry Regulatory Authority.…