DOJ gets to use alternative means for notification of binary options fraud victims
The US action against the ex-CEO of Yukom Communications Lee Elbaz now targets more Israeli citizens, including Liora Welles, Shira Uzan, and Lissa Mel.
Australian regulator imposes extra conditions on AFS license of HNW Planning
A surveillance by ASIC has found that HNW was not adequately monitoring and supervising its representatives and that its audit processes were deficient.
“Mind The Gap!” – The life and times of a man on the move Episode 29
Prime of prime or retail? Trading experience intended to lose or gain, the burrito-based future of FX, and the Eurostar...
Plaintiffs in Forex benchmark rate fixing lawsuit want to amend complaint against major banks
After the New York Southern District Court sided with some of the world’s leading banks on the definition of “foreign currency retail transactions”, the plaintiffs want to amend their complaint to support their stance on the matter.
FCA confirms Consumer Wealth Ltd’s placement into liquidation
James Miller and Gareth Harris of RSM Restructuring Advisory LLP have been appointed as liquidators.
Daiwa Securities to leverage AI tool to find new M&A opportunities
A new AI tool will examine patent information and securities reports to find links between companies and propose strategic partnerships.
US Govt shutdown hampers progress in lawsuit targeting BitFunder operator Jon Montroll
The shutdown has suspended the SEC’s staff’s review of Montroll’s financial statements.
FCA advises UK firms to make their contingency plans in light of Brexit
Firms should continue to make their contingency plans and think about how their consumers might be affected by the UK leaving the EU, the FCA says.
SBI Holdings establishes new insurance business harnessing AI capabilities
The new entity will engage in insurance sales and consultation business utilizing AI and big data analytics solutions of German fintech company wefox.
US Govt renews discovery requests as to alleged binary options scammer Yehuda Belsky
The government requests that the owner of Y Trading allows inspection and copying of all documents that he intends to introduce as evidence at trial.
Ex-MtGox clients get extra time to effect service on Mark Karpeles
Judge R. Gary Klausner of the California Central District Court grants another extension of the time to effect service on Mark Karpeles.
Oslo Bors posts preliminary results for Q4 2018 in view of Euronext offer
Oslo Børs VPS Holding reports a profit of NOK 76 million for the fourth quarter of 2018.
Bank of America sees consumer digital banking momentum accelerate in Q4 2018
Digital sales were 27% of all consumer banking sales at Bank of America’s in the final quarter of 2018.
FCA slaps £76 million fine on ex-Keydata Investment Services CEO Stewart Owen Ford
Mr Ford is said to have failed to act with integrity and to have failed to deal with the FCA in an open and cooperative way between July 2005 and June 2009.
TechFinancials sells its holding in MarketFinancials as exit from binary options-related ops continues
The total consideration for MarketFinancials, a provider of market maker services and risk management to B.O. Tradefinancials, will be EUR 100,000.
