Daily Archives: 14/10/2016
EU Council published conclusions on tax transparency
October 14th, 2016
“The Council: 1. RECOGNISES the progress made in pursuing the ambitious EU agenda for fairer, more transparent and more effective taxation and in strengthening the cooperation between fiscal authorities across the EU; 2. CONFIRMS the importance of improving further ...
Company to pay a $50,000 penalty for illegally offering complex derivatives products to retail investors
October 14th, 2016
The Securities and Exchange Commission announced that a New York-based company has agreed to pay a $50,000 penalty for illegally offering complex derivatives products to retail investors through mobile phone games that were described as “fantasy sports for stocks.” An ...
World’s First Publicly-Traded Law Firm Facing Securities Class Action
October 14th, 2016
There’s a cautionary tale playing out in Australia over what can happen when law firms take money from outside investors, something that’s still prohibited here in the U.S. Slater & Gordon became the world’s first publicly-traded law firm back in 2007, ...
CFTC Releases Rule Enforcement Review of the New York Mercantile Exchange, Inc. and the Commodity Exchange, Inc.
October 14th, 2016
The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) announced today that it has issued the results of a rule enforcement review of the New York Mercantile Exchange and the Commodity Exchange (NYMEX and COMEX or ...
Portugal’s Antonio Guterres elected UN secretary-general
October 14th, 2016
Former Portuguese Prime Minister Antonio Guterres has been officially appointed as the next UN secretary-general. He will become the world’s top diplomat on 1 January when Ban Ki-moon’s second five-year term ends. Mr Guterres, 67, who led the UN ...
Yuan Set for Biggest Weekly Drop Since January as Pressures Rise
October 14th, 2016
Decline in exports supports case for further depreciation: ANZ Chinese currency retreats as dollar climbs on Fed rate bets China’s yuan headed for the biggest weekly decline since January as mainland markets returned from holidays to face intensified depreciation ...
Friday, October 14: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
October 14th, 2016
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for October 14. Gold Open 1257.10, High 1263.90, Low 1254.70, Close 1257.60, 0.30% Changed. Silver Open 17.52, High 17.71 … View table below
Friday, October 14: OSB G10 Currency Pairs Cheat Sheet & Key Levels
October 14th, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for October 14. EURUSD Open 1.1008, High 1.1057, Low 1.0985, Close 1.1055, 0.45% Change. GPBUSD Open 1.2203 High 1.2272… View table below
