In a statement today, the Australian Securities & Investments Commission said Gunn accepted it was reasonable to suspect the funds were the proceeds of crime, derived from suspected international scams.
regulation
Multi-asset broker INFINOX has reportedly obtained a Category Five licence for Arrangement and Advice from the UAE Capital Market Authority (CMA).
Australia’s corporate regulator has secured the return of almost AUS$40m (US$26m) to more than 38,000 retail investors and prompted wide-ranging compliance changes across the CFD sector following an industry-wide review.
The approval of Fortrade (DIFC) Limited brings the company within the regulatory framework of the Dubai International Financial Centre.
GC Exchange A/S (GCEX) has launched gold futures contracts for difference (CFDs), adding a new instrument to its multi-asset trading range for institutional and professional clients.
A report by the FCA found 21% of traders using multi-product apps end up trading CFDs as well.
StoneX Group has received authorisation under the European Union’s Markets in Crypto-Assets Regulation (MiCA), allowing its digital assets division to expand regulated services across the bloc.
The UK regulator has proposed doing away with its existing quantitative wealth requirement for clients of investment firms to register as professionals.
The UK financial regulator has warned that trading apps which steer savers towards high-risk products such as CFDs and crypto could breach its Consumer Duty rules.
The approval of the Financial Services Commission (FSC) will enable the firm to shortly launch as a fully standalone regulated brokerage.
Four people who used Telegram group chats to inflate the share prices of Australian stocks before selling them at a profit have been fined and sentenced to prison terms.
The European Parliament has published a set of draft proposals for new capital markets legislation, apparently aimed at facilitating retail investment within the EU.
Coinbase has appointed former UK Chancellor of the Exchequer George Osborne as chair of its Global Advisory Council.
Digital prime broker GC Exchange A/S (GCEX) has received a Markets in Crypto-Assets (MiCA) license from the Danish Financial Supervisory Authority (FSA). The new license allows the firm to provide regulated crypto-asset services to institutional and professional clients across the European Union.
MyFundedFutures (MMFU) is seeking to register as an Introducing Broker with US regulators and build its own proprietary futures trading platform.
It is easy to start a FX/CFD broker in the Marshall Islands. We outline here how to do it. The question is whether you really want to.
And is probably going to ban payment for order flow
