Gelfman Blueprint and CEO Nicholas Gelfman of Brooklyn to pay in total over $2.5 million for the first anti-fraud action involving Bitcoin.
In a Press Release the U.S. District Court of Massachusetts held the CFTC has jurisdiction to enforce Cryptocurrencies as commodities.
FINRA Charges Ayre with Fraud and Unlawful Distribution of Unregistered Cryptocurrency Securities HempCoin FINRA announced today that it filed a complaint against Timothy Tilton Ayre of Agawam, Massachusetts, charging him with securities fraud and the unlawful distribution of an unregistered cryptocurrency security called HempCoin. This case represents FINRA’s first disciplinary action involving cryptocurrencies. In the complaint, […]
NFA takes emergency enforcement action against Chicago, Ill. commodity pool operator and commodity trading advisor Golden Point Capital Management LLC and its sole principal Glenn Graham
NFA Fines XFA Introducing Broker $100,000 For Compliance Violations Today the National Futures Association announced it ordered X-Change Financial Access, LLC. (XFA) Introducing Broker based in Chicago a $100,000 penalty for lack of “adequate supervisory procedures” to monitor and prevent violations of NFA Member Responsibility Action (MRA). Full Press Release below, “The Decision, issued by NFA’s […]
April saw the most enforcement actions by the CFTC for the year 2018. Some of these were the typical commodity pool schemes, precious metals schemes, spoofing, and fraud in Retail Forex; yet other enforcement actions involved new technologies such as Binary Options fraud relying on technology.
ATM Coin Part of Binary Options Fraud by Blue Bit Banc, CFTC Order Freezes Assets Last week a new cryptocurrency called ATM Coin was involved with CFTC charges against a Binary Options fraud scheme by Blue Bit Banc and other entities. Blake Kantor, aka Bill Gordon, and Nathan Mullins along with companies Blue Bit bank, […]
Floor Broker Fined $150,000 by the CFTC for “Spoofing” CME Wheat Futures Market The CFTC fined Anuj C. Singhal $150,000 to settle charges for “spoofing” the Chicago Mercantile Exchange (CME) wheat futures market. The relevant period of the offense was at least between March and June 2016, but this was a repeat offense since disciplinary […]
Aegis Capital Pays $1.3 Million for Anti-Money Laundering Violations FINRA and the Securities Exchange Commission have fined Aegis Capital Corp., NY based Broker-Dealer, $550,000 and $750,000, respectively, in enforcement actions for Anti-Money Laundering (AML) Violations. FINRA Fines Aegis Capital Corp. $550,000 On March 28th FINRA announced in a press release that they had fined Aegis Capital over half […]
CFTC Asks Court To Serve Summons Through Email for Bitcoin Scammer Dillon Dean Bitcoin binary options trader Dillon Michael Dean is strategically avoiding the CFTC court summons accusing him and his company of fraud. On January 18th the Commission filed an enforcement action against Dean and his company, The Entrepreneurs Headquarters Limited, alleging they misappropriated over […]
Houston, TX —FIA President and CEO Walt Lukken today made the following opening remarks at the FIA Commodities Symposium in Houston, Texas. The following remarks are prepared for delivery:...FIA President and CEO Walt Lukken today made the following statement on the successful Senate confirmation of Dr. Heath Tarbert to serve as chairman of the Commodity Futures Trading Commission (...London, U.K.—FIA’s President and CEO Walt Lukken today made the following statement on the release “FIA appreciates the hard work and special attention the G-20 leaders and the FSB are...London, U.K.— FIA’s President and CEO Walt Lukken today gave opening remarks at FIA’s International Derivatives Expo. Remarks are prepared for delivery: Welcome to FIA’s 12th...FIA has submitted an amicus brief to the U.S. District Court for the Northern District of Illinois in a case that will decide the permissible venues for the arbitration of futures trading disputes... FIA Speaks features CFTC Chairman Giancarlo as the guest for Episode #1; New Episodes Coming Soon Washington, DC – FIA today launched FIA Speaks—a podcast to provide... London, U.K. —FIA President and CEO Walt Lukken today named Bruce Savage as the new Head of Europe. Savage, who will join FIA this summer, has spent 21 years with Deutsche Bank in a variety of... (Feed generated with FetchRSS) […]
CPMI and IOSCO press release about "A discussion paper on central counterparty default management auctions", 5 June 2019 […]
CPMI press release: A new online database allows easy navigation of the current and past CPMI and IOSCO Level 2 assessments, 31 May 2019 […]
CPMI publishes new data on correspondent banking networks showing 20% reduction in relationships over seven years, 27 May 2019 […]
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Press Release - Basel Committee reports on Basel III implementation progress, 7 May 2019. Release of the "Sixteenth progress report on adoption of the Basel regulatory framework". […]
Press release about Basel Committee issuing a consolidated version of its standards (9 April 2019) […]
FINRA and the SEC’s Office of Investor Education and Advocacy are issuing this Investor Alert to inform investors about social sentiment investing tools and highlight their risks. This Alert provides tips to consider before using tools that analyze or aggregate information from social media sources to make investment decisions or attempt to predict changes in the stock market’s direction or in the price of a security. […]
Press release about "2019 Triennial Central Bank Survey of Foreign Exchange and OTC Derivatives Markets" (29 March 2019) […]
Press release about Basel Committee publishing follow-up reports on Basel III implementation assessments (25 March 2019) […]
Press Release - Carolyn Rogers appointed as the next Secretary General of the Basel Committee, 22 March 2019. […]
Press Release - Basel III monitoring results published by the Basel Committee, 20 March 2019. […]
FINRA is aware of a recent scheme that involved an unregistered individual impersonating a registered investment professional to lure in potential investors. This scammer created a fake version of a public FINRA BrokerCheck® report of a legitimate broker—picking an experienced broker with a spotless regulatory record. […]
CPMI Press release "Jurisdictions move forward towards implementing standards for payment, clearing and settlement", 14 March 2019 […]
Press release about Pablo Hernández de Cos appointed as Chairman of Basel Committee on Banking Supervision […]
Press release about Basel Committee assessing Brazil's implementation of the NSFR regulation and the large exposures framework, 7 March 2019. […]
BIS Press Release - The March 2019 issue of the BIS Quarterly Review - Markets retreat and rebound […]
Press release about BCBS/IOSCO statement on the final implementation phases of the Margin requirements for non-centrally cleared derivatives, 5 March 2019. […]
Fake checks purported to be issued by FINRA appear to be back in circulation in 2019. The checks are counterfeit. Our updated Alert warns the public about job-search scams in which people who respond to ads or online job postings receive checks that appear to be from legitimate companies—including FINRA. […]
Press release about Basel Committee discussing policy and supervisory initiatives and approves implementation reports, 28 February 2019. […]
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