News Centre

CFTC: Federal Court Orders Binary Options Firm And Owners To Pay Over $204 Million In Monetary Sanctions For Fraudulent Binary Options Scheme

Date 14/03/2024

The Commodity Futures Trading Commission today announced the U.S. District Court for the Western District of Texas entered an order of final judgment against Jonathan Cartu, Leeav Peretz, Nati Peretz, all believed to be residents of Israel, and Blue Moon Investments Inc., a Seychelles corporation. The order finds them liable for offering illegal, off-exchange binary options and committing fraud in connection with the illegal offering. This resolves the CFTC’s September 2, 2020 case against the defendants. [See CFTC Press Release No. 8231-20]

SOLVENTO GROUP 2022 SOCIMI To Start Trading In BME Scaleup On 18 March

Date 14/03/2024

• The company, which is the second to join this new BME market, starts with a valuation of 64.5 million euros.

Uplinq Bolsters Leadership Team With Addition Of Derek Ellington As Strategic Advisor - Former Head Of Small Business Banking For Wells Fargo Brings Decades Of Industry

Date 14/03/2024

Uplinq Financial Technologies, the first global credit decisioning support platform for small business lenders, today announced the addition of prominent financial services leader Derek Ellington as strategic advisor. In this role, Ellington will work closely with current and prospective Uplinq clients, as well as Uplinq’s internal team, to help advance the company’s mission of expanding access to fair and ethical credit for small businesses globally. 

Federal Reserve Board Issues Enforcement Action Against JPMorgan Chase & Co. And Fines The Firm Approximately $98.2 Million For An Inadequate Program To Monitor Firm And Client Trading Activities For Market Misconduct

Date 14/03/2024

The Federal Reserve Board on Thursday issued an enforcement action against JPMorgan Chase & Co. and fined the firm approximately $98.2 million for an inadequate program to monitor firm and client trading activities for market misconduct. The Board's action requires JPMorgan Chase to review and take corrective action to address the firm's inadequate monitoring practices, which occurred between 2014 and 2023.

FESE Response To The EIOPA Consultation On The Methodology For Value For Money (VfM) Benchmarks

Date 14/03/2024

FESE welcomes the opportunity to contribute its views to the EIOPA consultation on the methodology for Value for Money (VfM) benchmarks. In its response, FESE stresses the need for a clear focus on “cost-efficiency” when constructing the benchmarks. FESE reiterates that the cost should not be the main indicator when developing the VfM benchmarks and that the ESAs should consider other qualitative factors, such as the distribution channel of retail products.”

Rimes Launches AI-Powered Data Lakehouse Copilot For Natural Language Insights

Date 14/03/2024

• Leverages best-in-class AI models for data query generation
• AI Lab sandbox fully supports ‘bring your own data’ scenarios
• Developed in collaboration with major clients

Trailblazing Corporate Digital Identity Platform Sees Encompass Corporation Named ‘One To Watch’ In Chartis’ Financial Crime And Compliance 50 2024

Date 14/03/2024

Encompass Corporation, the leader in Corporate Digital Identity (CDI), has been named ‘One to Watch’ by Chartis Research as part of this year’s Financial Crime and Compliance 50 (FCC50), recognising its game-changing innovation that supercharges robust regulatory compliance and drives business growth. 

Exchange Data International And Radient AI Announce Strategic Data Partnership

Date 14/03/2024

Exchange Data International (EDI), the global leader in redistribution of pricing and reference data, and Radient AI, the leading fund intelligence platform, powered by artificial intelligence, announced a comprehensive data partnership. This collaboration sees EDI’s extensive corporate actions and dividend data seamlessly integrated into Radient AI’s platform, alongside mutual fund, ETF, and equities data from major markets worldwide.

Deutsche Börse Group: Business Indicators For February 2024

Date 14/03/2024

A summary of Deutsche Börse Group's business indicators for February 2024 is now available on the Deutsche Börse website:

Alexandre Kech To Become New CEO Of Global Legal Entity Identifier Foundation

Date 14/03/2024

The GLEIF Board of Directors today announces the appointment of Alexandre Kech to the position of Chief Executive Officer (CEO), effective June 26, 2024. Alexandre Kech will join GLEIF as CEO-elect on May 1, 2024. Stephan Wolf, who has served as CEO since GLEIF's inception in 2014, will work closely with Alexandre Kech to enable a smooth transition before stepping down after ten successful years in the role.