Latest Market News

Feb 15
Dow transports surge on back of Avis Budget's stock strength, to buck the broader-market selloff

The Dow Jones Transportation Average DJT, +0.80% charged up 157 points, or 1.1%, in afternoon trading, but with just 9 of its 20 components gaining ground, to as the rally in Avis Budget Group Inc.’s CAR, +7.43% stock provided the boost the index needed to buck the selloff in the broader stock market. The car […]

Feb 15
Friend, Lover or Fraudster? Canadian Securities Administrators warns of online relationships turning into investment scams

Montreal – This Valentine’s Day, the Canadian Securities Administrators’ (CSA) is warning the public about fraudsters using social media, messaging apps and online dating sites to lure Canadians into relationships that lead to investment scams.  According to data from the Canadian Anti-Fraud Centre (CAFC), investment scams and romance scams were the top two reported scams […]

Feb 15
Fraudulent credit offers

The Financial Services and Markets Authority (FSMA) warns the public against the activities of unauthorized lenders who offer fraudulent credits to consumers. The FSMA has received several reports from consumers about fraudulent credit offers made via the internet. Consumers get thus in touch with these providers in a variety of ways: they are approached unsolicited […]

Feb 15
Laporte Holding (cloned firm)

The Financial Services and Markets Authority (FSMA) warns the public against the fraudulent activities of Laporte Holding, a company that is offering credit illegally to consumers and is using the name of an existing company, Laporte Holding SAS, to appear credible. This is a case of identity theft. Laporte Holding is not authorized or registered […]

Feb 15
FSMA draws attention to managing cyber security risks

The Financial Services and Markets Authority (FSMA) publishes a communication about managing cyber security risks. The communication follows on from the cyber security campaign held in Belgium this month. Cyber threats are a major operational risk that firms active in the financial sector face. They deserve every firm’s full attention, since their clients, data regarding […]

Feb 15
Globalmarkets

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Globalmarkets, a company that offers binary options without complying with Belgian financial legislation. Globalmarkets is not allowed to provide banking and/or investment services in or from Belgium. Furthermore, the FSMA reminds the public that since 18 August 2016, no investment firm […]