News Centre

Spectrum Markets Becomes The First New Member Of The German Federal Association Of Investment Firms (Bundesverband der Wertpapierfirmen, bwf) In 2024

Date 22/01/2024

• By joining bwf, Spectrum Markets furthers its commitment to better regulatory alignment, transparency and investor protection
• The membership reflects Spectrum's proactive approach in contributing to industry advancements through collaborative efforts
• As a member of bwf, Spectrum Markets will contribute in particular to understanding expected regulatory developments for the German and European investment industry

Hong Securities And Futures Commission Regulatory Symposium To Debut In Late February

Date 22/01/2024

The Securities and Futures Commission (SFC) is pleased to announce it will host the inaugural SFC Regional Securities Regulatory Leadership Symposium in Hong Kong on 28 February 2024.

Securities Commission Malaysia: Hap2py Not Authorised To Operate P2P In Malaysia

Date 22/01/2024

The Securities Commission Malaysia (SC) today warns the public against investing in or dealing with Hap2py, an unauthorised peer-to-peer (P2P) financing platform in Malaysia. 

Cancelled — CFTC Open Meeting For January 22

Date 20/01/2024

The Commodity Futures Trading Commission Open Meeting scheduled for Monday, January 22, 2024 has been cancelled. The matters under consideration are being resolved through the Commission’s seriatim process.

US Department Of Justice: CEO Sentenced For Transnational “Cherry-Picking” Scheme Involving Foreign Exchange And Cryptocurrency Futures Contracts - First Criminal Charge Against A Commodities Trading Advisor And Commodities Pool Operator For Engaging In A “Cherry-Picking” Scheme Involving Cryptocurrency Futures Contracts

Date 19/01/2024

A chief executive officer of an investment firm was sentenced today to two years in prison followed by one year and six months of home confinement and ordered to forfeit approximately $1.6 million for a “cherry-picking” scheme, in which he fraudulently misappropriated profitable trades to himself and saddled his investors with losses. 

Treasury International Capital Data For November

Date 19/01/2024

The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for November 2023.  The next release, which will report on data for December 2023, is scheduled for February 15, 2024. 

Statement Of CFTC Commissioner Kristin N. Johnson Regarding CFTC Charges In “Pig Butchering” Case

Date 19/01/2024

Introduction

Today, the Commodity Futures Trading Commission (CFTC or Commission) announced the filing of a complaint in the United States District Court for the District of Arizona at Phoenix against Debiex (Debiex) and Zhăng Chéng Yáng (Zhang) in its second case in just seven months targeting a type of romance fraud known as “Sha Zhu Pan” or “Pig Butchering.” The romance fraud involves a scheme to defraud customers through digital asset solicitations.

CFTC Charges Bogus Digital Asset Platform With Fraud And Misappropriation In An Online Romance Scam - Five Victims Lost $2.3 Million To Con Targeting Asian Americans

Date 19/01/2024

The Commodity Futures Trading Commission today announced it filed a civil enforcement action in the U.S. District Court for the District of Arizona against Debiex. The complaint alleges Debiex used popular romance scam tactics to fraudulently misappropriate $2.3 million in customer funds intended for digital asset commodity trading. 

CFTC Commitments Of Traders Reports Update

Date 19/01/2024

The current reports for the week of January 16, 2024 are now available. Report data is also available in the CFTC Public Reporting Environment (PRE), which allows users to search, filter, customize and download report data.

FP Markets Partners With Industry-Leading Platform Provider TradingView - FP Markets' Customers Around The World Can Now Gain Access To TradingView's Advanced Charts And Analysis, Powerful Trading Tools And Interact With The World's Largest Social Network Of Traders.

Date 19/01/2024

To meet the ever-evolving demands of traders and investors, leading Forex and CFDs broker FP Markets has announced a new partnership with TradingView. Clients with an active Trading Account at FP Markets can now leverage TradingView's cutting-edge charting solutions.