FCA News

Dear CEO LIBOR letter

On Wednesday 19 September, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) wrote to CEOs of major banks and insurers supervised in the UK asking for the preparations and actions they are taking to manage transition from LIBOR to alternative interest rate benchmarks. The purpose of the letters is to seek assurance that […]

FCA News

The All Star Index

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us. However, some firms act without our authorisation and some knowingly run investment scams.  This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we […]

SEC News

SEC Staff to Host Roundtable on Regulatory Approaches to Combating Retail Investor Fraud

Washington D.C., Sept. 18, 2018 — The Securities and Exchange Commission announced today that its Division of Trading and Markets will host a roundtable on Sept. 26 on combating retail investor fraud. The Commission staff is interested in views from a broad range of market participants, regulators and industry experts concerning potential steps that might be taken […]

SEC News

Biopharmaceutical Company, Executives Charged With Misleading Investors About Cancer Drug

Washington D.C., Sept. 18, 2018 — The Securities and Exchange Commission today announced that a Boulder, Colorado-based biopharmaceutical company, its CEO, and its former CFO will pay more than $20 million in penalties to settle charges of misleading investors about the company’s developmental lung cancer drug.  The SEC’s complaint filed in federal court in Denver […]