Category: Regulations

The FSMA website (available in French or Dutch only) and the FAQs (available in French or Dutch only) about supplementary pensions state a number of amounts that are set by the social legislation on supplementary pensions. These amounts have been updated. Source: FSMA

Rainbow Saver Anglia Credit Union Limited was placed into administration on 18 May 2022 and has now stopped trading. James Sleight and Peter Hart of PKF Geoffrey Martin & Co Limited have been appointed as joint administrators.  Rainbow Saver Anglia Credit Union Limited is a financial co-operative owned by its members. It is regulated by […]

The Financial and Consumer Services Commission (FCNB) has become aware that Bitcoin Motion, which claims to provide online cryptocurrency trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services.  New Brunswickers are urged to exercise caution when investing with Bitcoin Motion or any unregistered […]

Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to expand TRACE reporting requirements to trades in U.S. dollar-denominated foreign sovereign debt securities. Source: FINRA

The Financial and Consumer Services Commission (FCNB) has become aware that Bitmax Crypto Coin, which claims to provide online cryptocurrency, forex and other trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services.  New Brunswickers are urged to exercise caution when investing with Bitmax […]

Washington, D.C. — The Commodity Futures Trading Commission today filed a civil enforcement action in the U.S. District Court for the Southern District of Florida against Damian Castilla and his companies, DCAST Capital Investments LLC and Five Traders LLC, all of Miami, Florida, alleging that from January 2014 through the present, Castilla and his companies […]

Summary The annual meeting of FINRA firms will take place on or about Friday, August 19, 2022, to elect one Large Firm Governor and one Small Firm Governor to the FINRA Board of Governors (FINRA Board). A formal notice of the meeting, including the precise date, time and location, will be mailed to executive representatives […]

TORONTO – The Ontario Securities Commission (OSC) and the Autorité des marchés financiers (AMF) today published notices authorizing the discontinuation of the Canadian Dollar Offered Rate (CDOR), a designated critical benchmark. Refinitiv Benchmark Services (UK) Limited (RBSL) is the administrator of CDOR, a domestically important interest rate benchmark. The OSC and the AMF, as co-lead […]

May 13, 2022 Washington, D.C. — The Commodity Futures Trading Commission today announced that a federal court entered a consent order resolving the CFTC’s action against defendants Kraft Foods Group, Inc. and Mondelēz Global LLC.  The consent order includes an injunction and requires payment of a $16 million penalty. The order, entered today, by the […]

Washington, D.C. — The Commodity Futures Trading Commission today announced it has filed a civil enforcement action in the U.S. District Court for the Southern District of New York against Eddy Alexandre of Valley Stream, New York, and his company, EminiFX, Inc., of Valley Stream and Manhattan, New York, charging them with fraudulent solicitation and […]