Search Results for: NFA
TechFinancials Inc: Contract Wins and Senior Management appointment within OptionFair
April 27th, 2015
TechFinancials (AIM:TECH), a software developer that supplies simplified trading solutions to online brokers, is pleased to announce its recent contract wins and a senior management appointment within OptionFair. Recent Contract Wins Since its successful admission to AIM (the “Admission”) ...
NFA orders Memphis, Tenn. firm K&M Trading, LLC and its principals, William Kaelin and John Morrissey, to pay $105,000 fine
April 15th, 2015
National Futures Association (NFA) has ordered K&M Trading, LLC (K&M), William Kaelin and John Morrisseyto pay a $105,000 fine. K&M is an NFA Member commodity trading advisor located in Memphis, Tenn. Kaelin and Morrissey are the only principals and associated persons of the firm. ...
NFA takes emergency enforcement action against Burnet, Texas firm McElhannon Group, Inc.
March 6th, 2015
National Futures Association (NFA) announced today that it has taken an emergency enforcement action against McElhannon Group, Inc. (McElhannon), an NFA Member commodity trading advisor (CTA) located in Burnet, Texas, and Philip Mack Worley (Worley), a principal and associated person (AP) of McElhannon. ...
Wall Street Used Commodities Storage, Tankers for Unfair Gain, Senate Panel Finds
November 20th, 2014
Wall Street’s biggest banks have used their ownership of metals warehouses, oil tankers and other commodities businesses to gain unfair trading advantages and dominate markets, according to a U.S. Senate investigation. In a report on Goldman Sachs Group Inc., ...
Copyright claims against YouTube ‘unfair’, says co-founder
October 24th, 2014
The co-founder of YouTube, Chad Hurley, has said legal cases launched against the video-sharing website have been “unfair” and blamed traditional television broadcasters who are scared of losing their influence in the distribution of content. Multiple copyright cases have ...
S&P 500 index reports worst downfall since April; indexes down for July
August 1st, 2014
The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expected. Data ...
NFA’s Board approves prohibition of credit cards to fund retail forex accounts
June 24th, 2014
National Futures Association (NFA) announced that its Board approved a ban on the use of credit cards to fund retail forex and futures accounts. This prohibition is subject to approval by the Commodity Futures Trading Commission. Although NFA’s proposed ...
High Court dismisses JR on unfair dismissal cap
May 15th, 2014
The High Court has dismissed a request for a judicial review challenging the newly introduced cap of one year’s salary in compensation for unfair dismissal. The cap came into force on 29 July last year under the Unfair Dismissal ...
Cryptocurrency trading volume plunges
July 13th, 2021
Cryptocurrencies are in a summer slump as they navigate a two-month correction period following a string of negative stories. Trading volumes at the largest exchanges, including Coinbase, Kraken, Binance and Bitstamp, fell more than 40% in June, according to ...
Cyprus, Ghana and Kenya join growing list of countries to create beneficial ownership registries
April 15th, 2021
An infamous tax haven in the heart of Europe and two of Africa’s largest economies will force companies to declare their owners, joining a growing list of countries responding to public pressure over crime and tax avoidance enabled by ...
