Settlement

Operators of ‘binary options trading boiler room’ convicted and sentenced

Reason: UnregulatedContent of Penalty: Following an ASIC investigation, Jana Jaros and Jackson Laurence Malcolm Capper were convicted and sentenced for operating a financial services business without a licence and lodging false documents to ASIC containing false or misleading material. Date: 09/11/2017Link: http://asic.gov.au/about-asic/media-centre/find-a-media-release/2017-releases/17-378mr-operators-of-binary-options-trading-boiler-room-convicted-and-sentenced/

Read More »

BARBASHOP LLC THE Charged with Complaint by the NFA

Reason: BABRBA Failed to maintain records of brunched orders and to adequately supervise the firm’s commodity futures businessComment: BARBASHOP LLC THE and Barba Ronald T, on January 3, 2017 and January 1, 2017, filed their answer to the BCC Complaint. On July 17, 2017, a settlement was offered and submitted to BARBASHOP LLC THE and Barba Ronald T. The Settlement ...

Read More »

Lionsman Captal Markets Ltd monetary sanction €90,000 reach a settlement with Cyprus Securities and Exchange Commission

Reason: Possible Violations of the Investment Services and Activities and Regulated Markets Law of 2007Date: 04/07/2017Amount: 90000.00Link: http://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=4fd07d47-9014-4e0e-9aab-6c690dca493a

Read More »