Regulatory Sanctions

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CySEC imposed 10.000 euro fine to an individual

22/10/2018(0)
The Board of the Cyprus Securities and Exchange Commission (‘CySEC’) has issued an announcement to inform the public that, at its meeting held on 3rd September 2018, decided to impose ... Read More
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Emergency action filed against a Swiss-based company for microcap fraud scheme

09/10/2018(0)
The Securities and Exchange Commission has filed an emergency action and obtained an asset freeze against two individuals and their companies in a scheme that generated more than $165 ... Read More
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Tesco Bank fined £16.4m

03/10/2018(0)
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has fined Tesco Personal Finance plc (Tesco Bank) £16,400,000 for failing ... Read More
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SEC shuts down a $345 million Ponzi-like scheme

24/09/2018(0)
The Securities and Exchange Commission (SEC) announced it has obtained a court order halting an ongoing Ponzi-like scheme that raised more than $345 million from over 230 investors across the ... Read More
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Broker-Dealer to pay $2.75 million penalty

14/09/2018(0)
The U.S. financial regulator Securities and Exchange Commission (SEC) announced that Convergex Execution Solutions LLC, now known as Cowen Execution Services LLC, will pay $2.75 million to settle charges ... Read More
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Investment fraud led to the loss of more than £2.8m of investors’ money

10/09/2018(0)
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued an announcement to inform about FCA’s second largest ever ... Read More
fined

CySEC fined LQD Markets Ltd €50.000

06/09/2018(0)
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform that on its Board meeting held on July 2, 2018, decided to impose an administrative fine to ... Read More
Bafin

Beware: German Regulator ordered investment management firms to cease their activities

05/09/2018(0)
The Federal Financial Supervisory Authority (BaFin), the German financial regulator that ensures the proper functioning, stability and integrity of the German financial system, has issued an announcement to inform investors and ... Read More
BNP Paribas

BNP Paribas ordered to pay $90 Million penalty; The reason?

31/08/2018(0)
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against BNP Paribas Securities Corp. (BNP Paribas or the Bank) for attempted manipulation of the ISDAFIX ... Read More
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Moody’s credit ratings agency to pay $16.25 million in penalties to settle charges

29/08/2018(0)
The U.S Regulator, Securities and Exchange Commission (SEC), announced that Moody’s Investors Service Inc., one of the nation’s largest credit ratings agencies, has agreed to pay a total of ... Read More
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