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…
CFTC and SEC Invite Public Comment on a…
Washington D.C., July 9, 2019 — The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) (together, the Commissions) have approved a joint proposal to align the minimum margin required on security…
CFPB Highlights of Director Kraninger’s First Six Months
WASHINGTON, D.C. – CFPB Highlights June 11th marks the first six months of Director Kathleen L. Kraninger leading the Consumer Financial Protection Bureau. “It is an honor and privilege to serve American consumers. As Director,…
ASIC Updates Information for Businesses on ICOs &…
ASIC has released new information to help businesses involved with initial coin offerings (ICOs) and crypto-assets to consider their legal obligations and satisfy themselves they are operating lawfully. ASIC has updated Information Sheet 225 Initial coin offerings…
Choosing a Financial Professional
At some point you may turn to a financial professional for help, particularly if you’re trying to achieve different goals – such as planning for retirement, financing children’s education, and buying a home. Before you…
Some AFS Licensees May be Breaking Overseas Laws
Australian financial service (AFS) licensees that offer OTC derivatives to retail investors located in some overseas jurisdictions may be breaking overseas laws providing unlicensed or unauthorised services in those jurisdictions. Retail OTC derivatives are highly…
MAS Bans Three Individuals for Fraudulent and Dishonest…
Singapore, 10 April 2019. The Monetary Authority of Singapore (MAS) has issued prohibition orders (POs) against two former bank employees and a former insurance agent for fraudulent and dishonest conduct. The individuals are: Name Duration…
Former Sydney FX Trader Sentenced for Falsifying Trading…
Former Sydney Deutsche Bank FX options and futures trader, Andrew Donaldson, has been sentenced in the District Court in Sydney to 18 months imprisonment after pleading guilty to falsifying trading entries in Deutsche Bank's internal financial…
Adelaide Financial Adviser Permanently Banned for Dishonest Conduct
Adelaide financial adviser, Tai Thanh Nguyen, has been permanently banned from providing financial services after an ASIC investigation found that he had engaged in dishonest conduct. ASIC found that Mr Nguyen had dishonestly backdated advice…