Plus500 presses ahead with share buyback program, purchases 252,926 shares in one week

The shares were acquired pursuant to the share repurchase program announced in August 2019. Online trading company Plus500 Ltd (LON: PLUS) continues to buy back shares under the program announced in August 2019. According to the latest regulatory documents filed…

Judge asks: How many women worked in FXCM’s IT department from 2012 to 2014?

Judge Deborah A. Batts urges the parties to a labor harassment lawsuit against FXCM to prepare on a factual basis. In the context of the long-awaited pleading in a workplace harassment action against FXCM Inc., now known as Global Brokerage…

Italy’s CONSOB orders ISPs to block websites of four unauthorised online trading firms

Access to websites of four entities that illegally target Italian investors would be blocked in Italy. The Italian Companies and Traders Commission (CONSOB) announced today that it has ordered the blocking of four websites of entities offering online trading services…

SEC goes after binary options fraudsters behind LBinary and Ivory Option

Anton Senderov and Lior Babazara, members of the Lior Bar, are accused of defrauding more than 2,800 US investors and losing more than $ 5 million. The US Securities and Exchange Commission (SEC) continues its efforts to end binary options…

IIROC urges firms to review retail client account agreements

The Canadian sectoral organization has found that companies arbitrarily waive or limit their liability for the amount owed to the customer for the damage caused. The Investment Industry Regulatory Organization of Canada (IIROC) today issued guidance encouraging companies to revise…

Australian losses due to investment scams top $48m in first 9 months of 2019

The latest Scamwatch data shows that Australians have recorded losses of $ 48,094,873 due to fraudulent investment projects in the first nine months of 2019. Scamwatch, the body run by the Australian Commission on Competition and Consumers (ACCC), has released…

Regulator names 12 fraudulent online trading companies that most often target Russian investors

The Federal Financial Supervisory Service of Russia warns that a multitude of foreign entities offer investment services in Russia without having the right to do so. The Russian Federal Financial Supervisory Service has posted a warning on its website concerning…

Jefferies puts maximum exposure to loss due to FXCM involvement at $131.4m

Jefferies' maximum exposure to the loss resulting from its involvement in FXCM is limited to the carrying value of the term loan ($ 58.6 million) and the investment in an associate ($ 72.8 million), amounted to $ 131.4 million as…