Latest Market News

Jan 27
Asse-groupe (www.asse-groupe.com)

The Financial Services and Markets Authority (FSMA) warns the public against the activities of the website named www.asse-groupe.com, which offers investment services without complying with Belgian financial legislation. This ‘company’ is not authorized to provide investment services in or from Belgium. Moreover, the offer made via that website shows numerous indications of fraud and seems to be similar to […]

Jan 27
Fraudulent wealth management offers: Stay vigilant!

In the past few weeks, the FSMA has received new complaints from consumers who have been approached by companies offering wealth management. The FSMA warns consumers against these tempting offers, because often behind them are fraudsters who are not authorized to make such offers, the sole aim of which is to steal your savings. The […]

Jan 27
Vuelex (www.vuelex.com)

The Financial Services and Markets Authority (FSMA) warns the public against the activities of the website named www.vuelex.com, which offers investment services without complying with Belgian financial legislation. This ‘company’ is not authorized to provide investment services in or from Belgium. Moreover, the offer made via that website shows numerous indications of fraud and seems to be similar to […]

Jan 26
SR-FINRA-2021-010

Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend the requirements for Covered Agency Transactions under FINRA Rule 4210 (Margin Requirements) as approved by the SEC pursuant to SR-FINRA-2015-036.  The proposed rule change would amend, under FINRA Rule 4210, paragraphs (e)(2)(H), […]

Jan 26
SEC pushes decision on ARK 21Shares Bitcoin ETF to April 3

The regulatory body said it was “appropriate to designate a longer period” to approve or disapprove of the proposed Bitcoin ETF. 1791 Total views 34 Total shares The U.S. Securities and Exchange Commission has extended its window to approve the ARK 21Shares Bitcoin exchange-traded fund (ETF) originally proposed in July 2021. According to a Tuesday […]

Jan 26
Bill Ackman says his hedge fund just bought 3.1 million shares of Netflix

Billionaire hedge fund manager Bill Ackman on Wednesday said his firm has purchased more than 3.1 million shares of Netflix Inc. NFLX, -1.83%, making it a top-20 holder. “The opportunity to acquire Netflix at an attractive valuation emerged when investors reacted negatively to the recent quarter’s subscriber growth and management’s short-term guidance. Netflix’s substantial stock […]