News Centre

New York Attorney General Letitia James Shuts Down Virtual Currency Trading Platform And Stops Cryptocurrency CEO From Continuing Fraudulent Conduct - Coinseed Put Thousands Of Investors’ Money At Risk Despite Ongoing Lawsuit

Date 13/09/2021

New York Attorney General Letitia James today secured a judgment against the virtual currency trading platform Coinseed, as well as founder and Chief Executive Officer (CEO) Delgerdalai Davaasambuu, that permanently halts their illegal and fraudulent operations and puts in place a permanent receiver to protect investors’ funds. The receiver has also taken control of the company’s website so that it may no longer be used as part of the defendants’ fraudulent schemes. Additionally, the court awarded a $3 million judgment against the defendants. In February, Attorney General James filed a lawsuit against Coinseed and its CEO for defrauding thousands of investors across the nation out of millions of dollars. In the months since the suit was filed, Coinseed and its CEO have continued their fraud and commenced additional fraudulent conduct by trading in investors’ accounts without permission and then blocking investors from accessing those accounts.

Canadian Securities Regulators Launch New Website

Date 13/09/2021

The Canadian Securities Administrators (CSA) is pleased to launch its newly refreshed website (www.securities-administrators.ca) as part of the CSA’s continued efforts to streamline and enhance the information and resources available to market participants.

New York Attorney General Letitia James Secures Nearly Half A Billion Dollars To Resolve Illegal Stock And Cryptocurrency Sales - GTV Media Group And Saraca Media Group Unlawfully - Sold Stocks And Digital Instruments Without Registering In New York

Date 13/09/2021

New York Attorney General Letitia James today announced she has secured a recovery of nearly half a billion dollars unlawfully obtained from investors who financially backed GTV Media Group, Inc. and its parent company, Saraca Media Group, Inc. The agreement signed with the Office of the Attorney General (OAG) lays out how the two companies — tied to Chinese billionaire Guo Wengui and, previously, to Steve Bannon, who briefly served as a non-executive director of GTV Media — unlawfully sold stocks and two digital instruments promoted as cryptocurrencies without registering in New York state, and forces the companies to pay $479.9 million to settle claims that they failed to register as securities dealers and/or commodities broker-dealers.   

Moscow Exchange: Risk Parameters Change For The Security MO-RM

Date 13/09/2021

As per the Securities market risk parameters methodology, on 13.09.2021, 20-45 (MSK) the upper bound of the price band (up to 4198) and initial margins (up to 16.25 %) for the security MO-RM were changed. New values are available here

Broadway Technology Names Dan Romanelli Head Of Relationships - Fintech Veteran Will Direct Business Development And Client Relationship Management Initiatives

Date 13/09/2021

Broadway Technology, a leading provider of high-performance front-office solutions, today announced it appointed Dan Romanelli as Head of Relationships. In his role, Romanelli is responsible for driving business development initiatives and client relationship management, overseeing a global team of sales and relationship managers. Romanelli’s appointment helps Broadway extend its global client success during a period of ongoing growth and strengthens its position as a premier technology partner focused on delivering exceptional client experiences.

Sharmini Coorey To Retire As Director Of The IMF’s Institute For Capacity Development

Date 13/09/2021

International Monetary Fund (IMF) Managing Director Kristalina Georgieva announced today that Sharmini Coorey, Director of the Institute for Capacity Development (ICD), intends to retire from the Fund on October 29.

Moscow Exchange: Risk Parameters Change For The Security RU000A0JWGV2

Date 13/09/2021

As per the Securities market risk parameters methodology, on 13.09.2021, 17-45 (MSK) the upper bound of the price band (up to 106.68) and initial margins (up to 10 %) for the security RU000A0JWGV2 were changed. New values are available here

2021 Heralds Six New Honorary Fellowships For CISI Members

Date 13/09/2021

The Board of the CISI is pleased to announce that six CISI Honorary Fellowships have been recently awarded to:

• Richard Charnock FCSI(Hon)
• Philippa Foster-Back CBE, FCSI(Hon)
• Martin Watkins, FIoD, FBCS, FCSI(Hon)
• Alan Burr FCSI(Hon)
• Chris Harris-Deans FCSI(Hon)C
• live Shelton FCSI(Hon)

Moscow Exchange: Risk Parameters Change For The Security ALB-RM

Date 13/09/2021

As per the Securities market risk parameters methodology, on 13.09.2021, 20-21 (MSK) the lower bound of the price band (up to 15202) and initial margins (up to 26.25 %) for the security ALB-RM were changed. New values are available here

Moscow Exchange: Risk Parameters On Securities Market

Date 13/09/2021

CCP NCC will set the following risk parameters on Securities market starting from September 14, 2021: