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  • SEC Charges Private Lender And CEO With Fraudulent Mismarking Scheme

    Date 29/08/2019

    The Securities and Exchange Commission today charged Live Well Financial, Inc. and its CEO, Michael Hild, both of Richmond, Va., with perpetuating a multi-million dollar bond mismarking scheme against Live Well's short-term lenders. The complaint also charges Live Well's CFO, Eric Rohr, and Executive Vice President, Darren Stumberger, both of whom consented to partial judgments against them.

  • Inter-Product Spreads Enhance Eurex’s Fixed Income Suite

    Date 29/08/2019

    As of 16 September, Eurex will offer Inter-Product Spread Strategies (IPS) for fixed income futures. With recent severe changes of the European yield curves inter-product spreads are sought-after hedging and trading instruments.

  • SEC Awards More Than $1.8 Million To Whistleblower

    Date 29/08/2019

    The Securities and Exchange Commission today announced an award of more than $1.8 million to a whistleblower whose information and assistance were critically important to the success of an enforcement action involving misconduct committed overseas.  

  • Finansinspektionen: Comments To Questions About Conflict Of Interest In The Supervision Of Swedbank

    Date 29/08/2019

    Due to the announcement that Folksam’s CEO Jens Henriksson has been named President and CEO of Swedbank, FI has received questions about whether this gives rise to a conflict of interest since FI’s Director General Erik Thedéen was previously Managing Director of KPA, which Folksam owns together with SKL.

  • SEC Charges Adviser Firm and Its Principals With Defrauding Retired NFL Players

    Date 29/08/2019

    The Securities and Exchange Commission today charged a Tallahassee-based investment adviser firm and its two former principals with defrauding investors, most of whom were retired NFL players who had joined a class-action lawsuit against the league claiming they suffered brain injuries as a result of concussions.