FCA passporting data show no indications of firm responses to Brexit
The passporting data for the quarter to end-September 2018 does not point to any firm responses to Brexit.
Canada’s Ombudsman for Banking Services and Investments registers 5% rise in cases in FY 2018
Investment complaints decreased from 351 cases opened in 2017 to 345 in 2018.
Australia’s new dispute resolution body warns 86 financial firms are in breach of legal obligations
Unpaid fees are the reason for the breach, AFCA explains.
Ex-Deutsche Bank traders convicted of LIBOR manipulation seek acquittal or new trial
Matthew Connolly and Gavin Campbell Black argue there was no evidence that any of the submitted rates were false.
Monex-Saison-Vanguard Investment Partners to launch new discretionary investment asset management service
The new service, named “MSV COMPASS +”, combines robot and human supports.
SEC brings charges against Jared Jeffrey Davis over binary options fraud
Jared Jeffrey Davis allegedly engaged in the fraudulent offer and sale of binary options via OptionMint, OptionKing, Option Queen, and OptionPrince.
Commodity pool fraudsters get to pay more than $11 million in penalties
The CFTC has secured an order of default judgment against Scott Allensworth, E-Slate, Robert J. Fusco, and David Weddle, in connection with two separate fraudulent commodity pool trading schemes.
FCA warns managers of wholesale banking and asset management firms have limited familiarity with cyber risks
Firms reviewed by the FCA generally lacked Board members with strong familiarity or specific technical cyber-expertise.
Interactive Brokers adds new Pivot Point studies to TWS charts
The broker has added five new Pivot Point studies to the interactive charts in the TWS platform.
ASIC to consult on review of existing rules for internal dispute resolution
The review will consider maximum IDR timeframes across all complaints.
“Mind The Gap!” – The life and times of a man on the move Episode 23
Who’s driving? Not me! Look ‘right’ on London’s roads! Don’t get Brexit wrong, a cheap way to visit your customers...
Interview: FP Markets’ Matthew Murphie on Forex industry’s challenges and future
FP Markets Managing Director Matthew Murphie goes into great detail on leverage, trading platforms, global growth and how to navigate...
NY Court orders Global FX Club to pay penalty of $1.1m
From approximately 2010 through June 2017, Global FX Club fraudulently solicited pool participants to invest in a commodity pool for Forex trading.
SEC issues Cease & Desist order against CoinAlpha
The respondent violated Section 5(a) of the Securities Act, which prohibits the sale of securities through interstate commerce or the mails unless a registration statement is in effect.
Hong Kong Monetary Authority updates on processing of virtual banking license applications
About one-third of the applicants have not submitted sufficient information on certain critical aspects of authorization criteria, the HKMA explains.
