Reprimand

Hong Kong SFC reprimands and fines EFG Bank AG

Reason: UnregulatedContent of Penalty:  SFC took into account that: EFG Bank initiated a review of its offshore listed index options activities and self-reported the unlicensed activities to the SFC; There is no evidence to suggest that the non-compliance was intentional;  EFG Bank co-operated with the SFC in resolving the SFC’s concerns; EFG Bank has taken remedial measures to strengthen its ...

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ETHAN MITCHEL LLC charged with complaint by the NFA

Reason: ETHAN MITCHEL LLC allowed an unregisterd person to act in the capacity of an APComment: ETHAN MITCHEL LLC and Mitchel Brian Alan failed to supervise.Date: 17/07/2017Link: https://www.nfa.futures.org/basicnet/Case.aspx?entityid=0488886&case=17BCC00007&contrib=NFA

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