The Securities and Exchange Commission (SEC) has charged Rhode Island resident Ahmed Alomari and his entity, MCM Consulting, with securities fraud and other violations related to the promotion of at least five microcap stock issuers.

“We are delighted to provide Amwal Capital Partners with the technology they need to drive new efficiencies and automate their key processes, allowing them to make better-informed investment decisions and effectively manage their overall risk.”

“The combination of quantitative tightening, increased collateral supply, and current rates market activity shifted more assets from the Federal Reserve’s reverse repo facility to money markets. Retail money markets activity was strong as markets priced in less aggressive Fed rate cuts.”

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The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has imposed a hefty fine on cryptocurrency exchange giant Binance for non-compliance with money laundering regulations. The action was the result of findings from a compliance activity conducted in 2023.

Marketing to a New Kind of Trader: (Without Alienating Your Main Audience) addresses the new challenges and opportunities faced by brokers amid spiking retail investor activity since 2021, which now accounts for nearly 25% of the total trading volume in the equities market. 

FinanceFeeds spoke with Alex Knight, Head of EMEA, Baton Systems; Craig Stirling, Head of Securities Product at AccessFintech; Tomo Tokuyama, EVP Managing Director of FX at Trading Technologies; and James Maxfield, Chief Product Officer at Duco; to ascertain their perspectives on the challenges ahead.

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A progression from PSD2, PSD3 aims to bolster payment security and customer authentication, address PSD2 deficiencies, and enhance access to banking infrastructure for Payment Service Providers (PSPs). The final version of the directive is scheduled for publishing later this year, and if approved by the EU, will become law in 2026 following a transition period.

“I am delighted to be joining CRD at a time of exceptional demand and excited to work closely with our Charles River and State Street Alpha clients, continuing our open partnership model that has been at the core of our success.”

A progression from PSD2, PSD3 aims to bolster payment security and customer authentication, address PSD2 deficiencies, and enhance access to banking infrastructure for Payment Service Providers (PSPs). The final version of the directive is scheduled for publishing later this year, and if approved by the EU, will become law in 2026 following a transition period.

FV Bank now lets clients deposit euros directly into USD accounts, streamlining international business banking and offering a wider range of deposit options for its global clientele.