Regulatory Sanctions

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CFPB Orders Citi Subsidiaries to Pay $28.8 Million

24/01/2017(0)
CFPB Orders Citi Subsidiaries to Pay $28.8 Million for Giving the Runaround to Borrowers Trying to Save Their Homes Mortgage Servicers Kept Borrowers in the Dark About Options, Demanded ... Read More
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SEC Announces Fraud Charges, Asset Freeze in Alleged Nursing Home Investment Scheme

24/01/2017(0)
The Securities and Exchange Commission (SEC) announced fraud charges and an emergency asset freeze obtained against a businessman in South Carolina accused of siphoning funds he raised from investors for ... Read More
CySEC

CySec announced a €150.000 Settlement with a Cyprus Investment Firm

23/01/2017(0)
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement  to note the following: CySec, under article 37(4) of the Cyprus Securities and Exchange Commission Law of 2009, ... Read More
CySEC

CySec imposed more than €1,9 million in Administrative Fines on Investment firms in 2016

18/01/2017(0)
The Cyprus Securities and Exchange Commission (CySec) has imposed the total of €1,911 million of fines on Cyprus Investment Firms in 2016. In this amount is included a settlement ... Read More
CySEC

CySec fined Administrative Services Provider for €15.000

10/01/2017(0)
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that the Board of the Commission at its meeting held on December 05, 2016, decided to ... Read More
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Company and individuals to pay over $11.6 million for Forex Fraud Scheme

10/01/2017(0)
Federal Court Orders Defendants EJS Capital Management, LLC, Alex Vladimir Ekdeshman, and Edward J. Servider to Pay $11.6 Million in Sanctions for Forex Fraud Scheme Relief Defendants Alisa Ekdeshman, ... Read More
SFC - Hong Kong

SFC bans former financial planning manager

09/01/2017(0)
The Securities and Futures Commission (SFC) has prohibited Mr Choi Siu Ki, a former financial planning manager of Dah Sing Bank Limited, from re-entering the industry for nine months ... Read More
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The Federal Reserve Board permanently prohibited former Forex (FX) trader

05/01/2017(0)
The Federal Reserve Board on Wednesday announced it is permanently prohibiting Jason Katz, a former foreign exchange (FX) trader at Barclays PLC and later at BNP Paribas SA, from ... Read More
CySEC

CySec decided to impose a €100.000 administrative fine to a Cyprus Investment Firm

27/12/2016(0)
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform the public that, at the meeting held on 28 November 2016, it decided ... Read More
CySEC

CySec announced the suspension and commencement of proceedings for the possible withdrawal of an ASP license

20/12/2016(0)
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that the Administrative Services provider authorisation of Blaustein Corporate Services Ltd (‘the Company’), with number 171/196, ... Read More