FTSE Mondo Visione Exchanges Index:

News Centre

News

Houston Investment Manager Sentenced To 56 Months In Prison For Orchestrating $72 Million Ponzi Scheme

Date 18/12/2014

A Houston investment manager was sentenced yesterday to serve 56 months in prison for orchestrating a $72 million investment fraud scheme resulting in approximately $40 million in losses to investors.
NZX Publishes Guidance Note On Continuous Disclosure

Date 18/12/2014

NZX today published its final guidance notes on continuous disclosure and trading halt and suspensions.
California Investment Manager Sentenced To 225 Months in Prison For $33 Million Fraud Scheme

Date 18/12/2014

A California investment manager was sentenced yesterday to serve 225 months in prison for orchestrating a $33 million Ponzi scheme resulting in $15.2 million in losses to investors.
Results To Shed Light On HFT Impact On Market Quality And Integrity - IIROC Publishes Academic Papers On Impact Of HFT

Date 18/12/2014

The Investment Industry Regulatory Organization of Canada (IIROC) yesterday published academic papers from three of the four academic teams chosen to assess the impact of high frequency trading (HFT) and related activity on Canadian equity markets, as part of the final phase of IIROC’s comprehensive HFT Study.
Criminal Charges Filed Against U.S. Citizen In Connection With A Multi-Million Dollar International Cyber Counterfeiting Scheme Based In Uganda

Date 18/12/2014

U.S. Attorney David J. Hickton for the Western District of Pennsylvania and U.S. Secret Service Special Agent in Charge Eric P. Zahren of the Pittsburgh Field Office today announced the filing of a criminal complaint in Pittsburgh charging a U.S. citizen with leading an international counterfeit currency operation headquartered in the Republic of Uganda.

FINRA Issues Precious Metals Investor Alert

Date 18/12/2014

The Financial Industry Regulatory Authority (FINRA) issued a new Investor Alert called Physical Precious Metals: Tips to Avoid Tarnishing Your Portfolio. FINRA's new Alert warns investors of the risks involved with investing in physical precious metals such as silver, gold, palladium or platinum. Enforcement actions by the Commodity Futures Trading Commission (CFTC) and court decisions paint an ugly picture of sellers who charge high commissions and fees but ultimately fail to purchase or deliver the physical assets as promised.
Financial Stability Oversight Council Meeting December 18, 2014

Date 18/12/2014

Secretary Lew today convened a meeting of the Financial Stability Oversight Council (Council) in executive and open sessions at the Treasury Department.
CFTC Revokes Registrations Of Illinois Resident Aleks A. Kins And Chicago-Based AlphaMetrix, LLC

Date 18/12/2014

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it has revoked the registration of Aleks A. Kins of Chicago, Illinois, as an Associated Person and the registrations of AlphaMetrix, LLC (AlphaMetrix), a Delaware limited liability company with its principal place of business located in Chicago, Illinois, as a Commodity Pool Operator (CPO) and Commodity Trading Advisor (CTA). The CFTC issued Orders revoking the registrations simultaneous with its filing of Notices of Intent to Suspend, Revoke, or Restrict Registration of Kins (Kins Notice) and AlphaMetrix (AlphaMetrix Notice), which alleged that the Registrants were subject to statutory disqualification based upon conduct prohibited by the Commodity Exchange Act (CEA).
BGC Partners Updates Its Outlook For The Fourth Quarter Of 2014 - The Company Expects The Fourth Quarter To Be The Second Consecutive Period Of Record Post-Tax Distributable Earnings

Date 18/12/2014

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "the Company," or "BGC"), a leading global brokerage company primarily servicing the financial and real estate markets, today announced that it has updated its outlook for the quarter ending December 31, 2014.
Federal Court Orders Royal Bank Of Canada To Pay $35 Million Penalty For Illegal Wash Sales, Fictitious Sales, And Noncompetitive Transactions - Canadian Bank Traded Single Stock Futures And Narrow-Based Stock Index Futures On OneChicago Futures Exchange

Date 18/12/2014

The U.S. Commodity Futures Trading Commission (CFTC) today announced that on December18, 2014, Judge Alvin K. Hellerstein of the U.S. District Court for the Southern District of New York entered a Consent Order for Permanent Injunction and Civil Monetary Penalty against Royal Bank of Canada(RBC) for engaging in more than 1,000 illegal wash sales, fictitious sales, and noncompetitive transactions over a three-year period. The Order enjoins RBC from committing future violations of the wash sale, fictitious sale, and noncompetitive transaction prohibitions of the Commodity Exchange Act and the CFTC’s Regulations, and requires RBC to pay a civil monetary penalty of $35 million.