Online trading company Robinhood has sought to rebuff market manipulation claims by plaintiffs in a multi-district litigation concerning the January 2021 short squeeze. The market…
SEC, BTIG continue settlement talks
The United States Securities and Exchange Commission (SEC) and BTIG have reached a settlement in principle but continue discussions over details of the settlement. This…
CFTC confirms problems with serving defendants in ROFX case
The United States Commodity Futures Trading Commission (CFTC) has confirmed that it was unable to effect service of complaint on all defendants in a lawsuit…
Exclusive: FXPrimus planning rebrand and new look
FNG Exclusive… FNG has learned that Cyprus based Retail FX and CFDs broker FXPrimus is planning to change up its look and logo in the…
IG hires Barbara Duffy as Chief People Officer
Leading UK online broker IG Group (LON:IGG) has announced that it has appointed Barbara Duffy as its Chief People Officer and a member of the…
SEC considers revoking registration of ParagonCoin securities
The United States Securities and Exchange Commission (SEC) is looking into revoking the registration of securities of ParagonCoin Limited for the protection of investors. ParagonCoin…
UK Financial Services Compensation Scheme confirms 12 more defaults
The UK Financial Services Compensation Scheme (FSCS) has confirmed that 12 firms were declared in default in the period from 1 December 2021 to 31…
Italy’s CONSOB issues orders for blocking of more unauthorized investment websites
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to five new websites that abusively offer financial services. The websites belong to…
Moscow Exchange to launch single stock futures contracts on eight Russian companies
Moscow Exchange (MOEX) announces that, on 15 February 2022, deliverable futures contracts on stocks of eight Russian companies will begin trading on the Moscow Exchange…
Crypto exchange Binance to invest $200 million in U.S. media firm Forbes
The investment by Binance, the worlds biggest cryptocurrency exchange by trading volumes, will replace half of the $400 million in private placement commitments already announced…