he Financial Services Authority (FSA) has fined Integrated Financial Arrangements plc (Integrated Financial) for failings in relation to its protection of client money. Integrated Financial offers one of the UK's largest wrap platforms, Transact.
Sarith Meas has entered into an agreement to pay a civil money penalty without admitting or denying FinCEN's findings that she operated a money transmitting business in breach of, inter alia, the Bank Secrecy Act.
ASIC has permanently banned a former Citibank manager from providing financial services after an investigation found she conducted over 30 transactions without client authorisation.
A civil money penalty, without the respondents admitting or denying the allegations, has been agreed by FinCEN and Altima, Inc, of Norcross, Georgia, USA.
London-based Forex Capital Markets Ltd. has been rdered to pay a USD140,000 penalty to settle CFTC charges of acting as an unregistered retail forexd dealer
The UK's Financial Services Authority (FSA) has obtained a court order preventing Barnett Michael Alexander, a self employed trader, from committing market abuse and ordering him to pay a GBP700,000 fine and GBP322,818 in restitution to firms which experienced a loss as a result of his actions. His actions came to light in an STR.
ASIC has permanently banned Mr Moshe Yair Mordechai, formerly of Glenwood, New South Wales, from engaging in credit activities and financial services as a result of a history of serious fraud offences.
Two men who issued invitations to invest in the proposed acquisition of a brewery are the subject of an Order issued by the Securities and Exchange Commission. They posted their notices in Facebook and twitter.
The USA's Commodities and Futures Trading Commission (CFTC) has revoked the licences of M25 Investments, Inc. and M37 Investments, LLC , of Waxahachie, Texas, as registered Commodity Trading Advisers.
South Korea's Financial Supervisory Service (FSS) has issued penalties to three foreign banks.