FCA News

Temporary prohibition of short selling: Banca Carige

The Financial Conduct Authority (“FCA”) notifies that it temporarily prohibits short selling in the following instruments under Articles 23 (1) and 26 (4) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012.  This follows a decision made by another EU Competent Authority. Details of the Financial Instruments concerned: […]

FCA News

Bernstein Securities

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 Charges Giga Entertainment Media, Former Officers and Directors With Fraud in Pay-For-Download Campaign

Washington D.C., Nov. 15, 2018 — The Securities and Exchange Commission today charged Giga Entertainment Media Inc. and five of its former officers and directors—Gary Nerlinger, Jarret Streiner, Lawrence Silver, Alfred Colucci, and Charles Noska—with fraud in connection with a scheme to mislead investors.  According to the SEC’s complaint, between February and August 2016, the company […]

FCA News

Regulation round-up November 2018

November 2018 Quick Links Introduction: Christopher Woolard, Executive Director of Strategy and Competition Our supervisory work on general insurance (GI) pricing practices has found that people who stay with their insurance provider for a long time often pay significantly more than new customers. This is even though the costs and risks of providing both groups with insurance […]

SEC News

SEC Brings Additional Charges in New York Boiler Room Scheme Targeting Seniors

Washington D.C., Nov. 15, 2018 — The Securities and Exchange Commission today brought additional charges against a Long Island, New York-based boiler room previously sued for defrauding elderly and unsophisticated investors. The latest charges allege that First Choice Healthcare Solutions Inc. CEO Christian Romandetti, the boiler room, and four others, manipulated the company’s shares generating more […]

FCA News

Goose Investments

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 […]