News Centre

New Fraud Research: Low Financial Literacy Levels And Social Isolation Increase Consumers’ Likelihood Of Being Scammed - Joint Research By FINRA Foundation, BBB And Stanford Center For Longevity Show Increased Public Awareness From News Media Reports, Word Of Mouth And Business Intervention Boost Consumers’ Defenses

Date 30/09/2019

The FINRA Investor Education Foundation (FINRA Foundation) today released new fraud research that shows that the scams with the highest engagement and victimization rates involve online purchases and social media—outpacing telephone, mail and email fraud. In addition, individuals who are socially isolated or who have low financial literacy levels are more likely to lose their money to a fraudster.

S&P Dow Jones Indices: Europe Dashboard

Date 30/09/2019

• Despite looming trade tensions with the United States, slowing growth, particularly in Germany, and lack of clarity from the U.K. on its path to an exit from the E.U., European equities ended Q3 in positive territory. 
• The S&P Europe 350® is on pace for its best year in decades, with defensive sectors leading the way up this quarter. 
• Yields ticked down across the eurozone on the prospect of additional European Central Bank stimulus, lifting fixed income indices.  Greek and Italian sovereign bonds had particularly strong quarters.  

Bahamas International Securities Exchange: FG Capital Markets Ltd No Longer A BISX Broker Dealer And Sponsor Member

Date 30/09/2019

The Bahamas International Securities Exchange Limited  (BISX) wishes to notify BISX Broker-Dealer Members that FG Capital Markets Ltd. has surrendered its BISX Broker Dealer and Sponsor Membership and as a result has been removed from the List of Broker Dealers and the List of Sponsor Members.

ESMA Analyses Use Of Derivatives BY UCITS Equity Funds

Date 30/09/2019

The European Securities and Markets Authority (ESMA), the EU’s securities market regulator, has conducted a study on the use of derivatives by UCITS equity funds in collaboration with researchers from the Technical 

Nigerian Stock Exchange Honours The Centenarian Mr. Akintola Williams

Date 30/09/2019

The Nigerian Stock Exchange (NSE) organized a symbolic Closing Gong ceremony in celebration of the centenary birthday of one of its leaders, Pa. Akintola Williams, CFR, CBE, FCA, on Monday, September 30, 2019. 

Moscow Exchange To Host Russia Investment Forum In New York On October 3-4

Date 30/09/2019

Moscow Exchange will convene the annual Moscow Exchange Forum: New York Session at the Roosevelt Hotel this coming Thursday, 3 October 2019.

SEC Orders An Additional 16 Self-Reporting Advisory Firms To Pay Nearly $10 Million To Investors - Orders Firm That Did Not Self-Report To Pay $300,000 Penalty For Disclosure Failures

Date 30/09/2019

The Securities and Exchange Commission today announced settled charges against 17 investment advisers for disclosure failures regarding their mutual fund share class selection practices. The firms include 16 advisers that self-reported as part of the Division of Enforcement’s Share Class Selection Disclosure Initiative and one adviser that did not self-report and was ordered to pay a $300,000 civil penalty.

CFTC Charges Individual With Multi-Million Dollar Bitcoin Fraud

Date 30/09/2019

The U.S. Commodity Futures Trading Commission today charged Jon Barry Thompson of Easton, Pennsylvania, with knowingly or recklessly making false representations to customers in connection with the purported purchase of bitcoin worth over $7 million.  In a complaint filed in the United States District Court for the Southern District of New York, the CFTC alleges that contrary to Thompson’s false representations, neither he nor a company with which he was affiliated had possession or control of the bitcoin that was to be delivered to the customers.  The complaint alleges that bitcoin was never delivered to the customers and customer funds were not safeguarded as promised. This case is brought in connection with the CFTC Division of Enforcement Virtual Currencies Task Force.

NSE Indices Index Dashboard For The Month Ended September 2019

Date 30/09/2019

Click here to download the NSE ' Index Dashboard' for the month ended September 2019. 

Chicago Business Barometer™ – Drifts To 47.1 In September

Date 30/09/2019

The Chicago Business Barometer^TM, produced with MNI, fell 3.3 points to 47.1 in September, following August’s rebound to 50.4.