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…
Investment Funds Told to Correct Advertising and Disclosure
Today ASIC put responsible entities (REs) of all managed investment schemes (MISs) ‘on notice’ that they must ensure their investment fund advertising provides clear, balanced and accurate information. This follows ASIC’s risk based surveillance of advertising…
Wombat Invest Launches Fractional Share-Trading In The UK
Wombat Invest has launched fractional share-trading in some of the top UK companies from as little as £10, the mobile-only investment app announced. The platform, whose customer base is mostly composed of users aged under…
ASIC Warns Consumers: Investment Advertising Is Not Always…
ASIC warns consumers about investment advertising that compares fixed-term investment products to bank term deposits. A surge in such marketing of fixed-term investment products in recent months has prompted ASIC to caution consumers to take…
FCA Commences Civil Proceedings in Relation to Alleged…
The Financial Conduct Authority (FCA) has commenced proceedings in the High Court against 24HR Trading Academy Ltd (24HTA) and its sole director, Mohammed Fuaath Haja Maideen Maricar. The FCA alleges that from 2017 onwards, 24HTA…
SEC to Hold National Compliance Outreach Seminar for…
Washington D.C., Feb. 25, 2020 — The Securities and Exchange Commission today announced the opening of registration for its compliance outreach program’s national seminar for investment companies and investment advisers. The event is intended to…
Former Investment Analyst Pleads Guilty to Insider Trading…
Mr Michael Ming Jinn Ho, 32, of Lilyfield, New South Wales, today appeared in the Downing Centre Local Court and has pleaded guilty to insider trading and communicating inside information. Mr Ho has pleaded guilty…
BNY Mellon Partners With LionTrust to Boost Investment…
BNY Mellon recently revealed in an announcement that it has partnered with Liontrust on its efforts in improving the asset management platform. As per the statement released by the firm, the US-based multinational banking service…
Majority of Canadian Investors Surveyed Want Investment Advice…
January 21, 2020 (Toronto, Ontario) – Nearly nine in 10 (87%) of current investors and nearly seven in 10 (67%) of aspiring investors feel it's important that investment advice come from a regulated source firm…