Search Results for: Unlicensed
IOSCO analyzes potential of tech-driven change in the securities market industry
February 8th, 2017
The International Organization of Securities Commissions (IOSCO) has issued today a press release to pubilsh a report regarding the potential of tech-driven change in the securities market industry. Below is the press release a it was published by IOSCO: ...
First ever ‘para-law’ firm launches in the UK
January 23rd, 2017
The controversial new venture will allow unlicensed paralegals to do the bulk of case work in order to drive down costs for clients. Launched by the Kohen Rapoport Group and named ‘LCM’, the United Kingdom’s first ever ‘para-legal’ firm ...
Former Bitcoin Exchange Operator Pleads Guilty to Bank Fraud
January 11th, 2017
Former Bitcoin exchange operator Anthony Murgio has been involved in a criminal investigation for quite some time now. Earlier this week, Murgio pleaded guilty to charges of conspiring to operate an illegal Bitcoin exchange. This cryptocurrency platform in question is ...
SFC added iCoption on its Alert List
January 10th, 2017
The Securities and Futures Commission (SFC), Hong Kong financial regulator, has updated its “Alert List” adding iCoption. The Alert List is a list of entities which have come to the attention of the SFC because they are unlicensed in ...
IOSCO identifies risks to retail investors of OTC leveraged products
December 21st, 2016
The International Organization of Securities Commissions (IOSCO) issued today a report that identifies various risks related to the marketing and sale of complex OTC leveraged products to retail investors, and describes how some regulators are responding to the challenges ...
Insurance commissioner’s enforcement action against Zenefits results in multi-million dollar penalty
November 29th, 2016
Insurance Commissioner Dave Jones today announced the enforcement action taken against Zenefits for multiple license violations has resulted in a $7 million penalty. Zenefits was charged with allowing unlicensed employees to transact insurance and circumventing insurance agent education requirements. ...
SFC Hong Kong warns for Strauss Asset Management
September 8th, 2016
The Securities and Futures Commission (SFC) Hong Kong, has issued today a warning to inform investors and public for an unlicensed entity with the name Strauss Asset Management. The SFC Hong Kong noted that the company provides the address 35 Des Voeux ...
ASIC warns investors about Titantrade.com
August 4th, 2016
ASIC is warning the public not to click on any advertising being marketed under the brand ‘Titantrade’, a website by which trading in binary options is being offered. A binary option is a financial product, in particular a derivative, ...
Romanian police reveal Israel links to illegal binary options firms
July 7th, 2016
Romanian prosecutors are set to try at least 10 individuals involved in alleged forex and binary options fraud who were operating illegally on Romanian soil, the country’s Police Directorate for the Investigation of Economic Crimes told The Times of ...
Is Bitcoin money?
June 30th, 2016
Is Bitcoin actually money? American Banker reports a Florida circuit court judge will rule on the question Friday (July 1) as part of a “first-of-its-kind money-laundering case.” The report says Michel Espinoza was arrested at a Miami Beach motel in February ...
