SEC News

Gary Gensler Sworn in as Member of the SEC

Gary Gensler was sworn into office today as a Member of the Securities and Exchange Commission by U.S. Senator Ben Cardin. He was nominated to Chair the SEC by President Joseph R. Biden on February 3, 2021 and confirmed by the U.S. Senate on April 14, 2021. “I feel incredibly privileged to join the SEC’s […]

SEC News

SEC Reopens Comment Period for Universal Proxy

The Securities and Exchange Commission today voted to reopen the comment period on the proposed rules for the use of universal proxy cards in all non-exempt solicitations for contested director elections. “This is an important step toward finalizing rules that will facilitate clarity and efficiency for shareholders voting in director elections,” said SEC Acting Chair […]

FCA News

FCA stops FXVC offering CFDs to UK customers

FXVC used a variety of inappropriate techniques, including misleading financial promotions which appeared to offer consumers the opportunity to purchase shares in a well-known company and failed to mention that they were actually promoting CFDs. Many of the FXVC’s customers were unclear about the nature of the investments that they were being persuaded to make […]

FCA News

Richness Forex (updated)

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised or registered by us. This firm is not authorised by us and is targeting people in the UK. You will not have access to the Financial Ombudsman Service or be protected by the Financial Services […]

FCA News

Business Loan Network Limited enters administration

There is no need for investors to do anything. Investors should shortly receive an update from the Joint Administrators through the Business Loan Network platform with further information. The Joint Administrators are now responsible for the business of Business Loan Network Limited. Among other things this means that they will seek to operate the P2P […]

FCA News

FCA Regulation (updated)

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised or registered by us. This firm is not authorised by us and is targeting people in the UK. You will not have access to the Financial Ombudsman Service or be protected by the Financial Services […]

FCA News

UK Bond Street (updated)

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised or registered by us. This firm is not authorised by us and is targeting people in the UK. You will not have access to the Financial Ombudsman Service or be protected by the Financial Services […]