Search Results for: Unlicensed
OSC warns against unlicensed firm
August 19th, 2014
The Ontario Securities Commission (OSC) has become aware of an unlicensed firm and therefore has issued a warning against the firm to protect potential traders. OSC informs investors that the company under the name “Global Proprietary Traders Inc.”, o/a ...
ASIC shuts down unlicensed foreign exchange trading
July 4th, 2014
The Australian Securities and Investments Commission (ASIC) following its strict financial regulatory policy has commenced action in the NSW Supreme Court to stop Vault Market Pty Ltd and its sole director, Mr MD Anamul Amin, of Wiley Park, New South ...
iSignthis: ASIC’s win today is a win for the sector and ISX
February 5th, 2020
iSignthis has issued an announcement and informs that: ISX has made it clear multiple times that we do not offer services to unlicensed binary operators who target Australians. ASIC’s win today is a win for the sector and ISX, ...
Gold’s outlook for 2020
January 3rd, 2020
This article is an overview of the economic conditions that will drive the gold price in 2020 and beyond. The turn of the credit cycle, the effect on government deficits and how they are to be financed are addressed. ...
Cryptocurrency crime cartel managed to raise over $200 million from investors
May 23rd, 2019
A Brazilian cryptocurrency crime cartel has been shut down after conning over 55,000 investors for over $200 million. The cartel ran an unlicensed financial institution without authorization from Brazil‘s Central Bank. The scammers claimed to offer cryptocurrency investments and ...
Towards a new regime for crypto-assets in France; Optional visa regime for ICOs
April 25th, 2019
The PACTE draft Bill (Action Plan for Business Growth and Transformation) was adopted at its final reading in the French National Assembly on 11 April 2019. Once enacted, the law will establish a framework for fundraising via the issuance ...
Tonnes of fake goods worth USD 25 million seized in worldwide operations
July 18th, 2018
Pharmaceuticals, food, vehicle parts, tobacco products, clothing, and agrochemicals are among tonnes of fake goods seized in INTERPOL-led operations across four continents. Coordinated by INTERPOL between March and May 2018 in 36 countries across Africa, Asia, the Middle East ...
IOSCO consults on proposed policy measures to protect investors of OTC leveraged products
February 15th, 2018
The International Organization of Securities Commissions (IOSCO) has issued a consultation report proposing policy measures for its members to consider when addressing the risks arising from the offer and sale of OTC leveraged products to retail clients. The Report ...
EFG Bank AG fined $2 million
January 12th, 2018
The Securities and Futures Commission (SFC) has reprimanded and fined EFG Bank AG (EFG Bank) $2 million for dealing in futures contracts without the required registration (Note 1). The SFC found that between 1 April 2003 and 22 November ...
IFSC warns about Binary/Forex Trade and SMARTTRADE SERVICES LIMITED
August 30th, 2017
The International Financial Services Commission of Belize (IFSC), the financial regulator of Belize, has issued warnings to inform investors and public about non regulated entities. According he releases, the warning about Binary/Forex Trade informs that It has come to ...
