News

Sep 09
CFTC Awards Whistleblower for Exposing Ongoing Fraud

The Commodity Futures Trading Commission today announced it has issued a whistleblower award to an individual whose information led the Commission to open an investigation into ongoing fraudulent activity and successfully bring an enforcement action. The whistleblower also provided extensive assistance, including documents that were essential to establishing wrongdoing. This additional support enabled the CFTC […]

Sep 08
Asian shares were mostly higher Tuesday, after European stocks

Asian shares were mostly higher Tuesday, after European stocks rallied and U.S. markets were closed for the Labor Day national holiday. Investors are focusing on uncertainties over the coronavirus pandemic and hopes for a vaccine. Attention is now on how Wall Street might pick up after the holiday break, given the decline that came last […]

Sep 08
eToro Faces Lawsuit for Copyright Infringement

eToro is a brokerage firm offering social trading and multi-asset trading services including cryptocurrencies, stocks, ETFs, currencies, indices, and commodities. It has offices in Cyprus, Israel, United Kingdom, United States, and Australia. The company operates in 140 countries and has over 11 million users. Handsome Music has filed a copyright infringement complaint against eToro USA, accusing […]

Sep 07
Asian shares were on the defensive on Monday

Asian shares were on the defensive on Monday as investors grappled with sky-high valuations against the backdrop of a global economy in the grip of a deep coronavirus-induced recession while oil prices dropped. Asian Shares Chinese stocks started lower while shares of Hong Kong-listed Semiconductor Manufacturing International Corp (SMIC) plunged to the lowest since June 16 […]

Sep 04
Asian shares follow Wall Street lower as investors pull back

Asian shares skidded Friday after Wall Street had its worst day since June, as investors’ exuberance faltered after a spate of record highs. Asian Shares Shares fell across the region Friday, with Tokyo’s Nikkei 225 shedding 1.1%. The Nikkei 225 shed 255.04 points to 23,210.49. The Hang Seng in Hong Kong lost 1.9% to 24,528.82. […]

Sep 04
Robinhood is reportedly facing multiple investigations by SEC

Robinhood Markets Inc. faces a civil fraud investigation over its early failure to fully disclose its practice of selling clients’ orders to high-speed trading firms, people familiar with the matter said. The investigation is at an advanced stage and the company could have to pay a fine exceeding $10 million if it agrees to settle […]