CFTC secures more entries of default in lawsuit against ROFX
The Commodity Futures Trading Commission (CFTC) has secured two more entries of default in its action against fraudulent Forex scheme ROFX.According to documents filed with...
Manchester City announces partnership with crypto exchange OKX
Manchester City have today announced a global partnership with one of the world’s largest crypto exchanges, OKX, naming it the Club’s Official Cryptocurrency Exchange Partner.OKX’s...
Former HSBC FX trader to seek dismissal of wire fraud charges
Stuart Scott, a former FX trader and supervisor at HSBC, will seek to dismiss the indictment charging him with wire fraud and wire fraud conspiracy. This...
Italy’s Consob orders blocking of access to five unauthorized investment websites
Italy’s Companies and Exchange Commission (CONSOB) has ordered the blackout of five new websites that abusively offer financial services.The websites targeted by the latest set...
Equiniti appoints Martin Flanigan as CEO, Americas
Fintech firm Equiniti (EQ) today announced the appointment of Martin Flanigan as Chief Executive Officer for the Americas, effective immediately. In this role, Mr. Flanigan...
Court orders individuals involved in Alista precious metals scheme to pay over $1.6M
The Commodity Futures Trading Commission (CFTC) today announced the U.S. District Court for the Middle District of Florida entered consent orders on March 1 for...
Visa appoints Frank Cooper III as Global CMO
Visa (NYSE:V) today announced that Frank Cooper III will join the company as Chief Marketing Officer (CMO) in May 2022. Mr. Cooper will also serve...
Court orders Virgil Sigma Fund founder to pay nearly $40M in disgorgement
The Securities and Exchange Commission (SEC) has secured a final judgment against Stefan Qin, founder of Virgil Sigma Fund.According to an order, signed by Judge...
Exclusive: GCEX hires former ActivTrades and Oval exec Juan Scarabino as CRO
FNG Exclusive… FNG has learned that FCA regulated institutional crypto and FX broker GCEX has hired Juan Scarabino as the company’s new Chief Risk Officer...
IG Group closes sale of Nadex and Small Exchange
Electronic trading major IG Group Holdings plc (LON:IGG) announces the completion of the sale of the North American Derivatives Exchange, Inc. (Nadex) and the 39%...