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FINRA Orders Robinhood Financial to Pay $3.75 Million in Restitution to Customers; Fines Robinhood Financial and Robinhood Securities for Anti-Money Laundering, Supervisory and Disclosure Violations
FINRA has ordered Robinhood Financial to pay $3.75 million to its customers, and fined Robinhood Financial and Robinhood Securities $26...
Mar 163 min read


SFC warns public of Linkbex for suspected virtual asset-related fraud
The Securities and Futures Commission (SFC) today warns the public of an entity operating under the name of Linkbex for suspected virtual...
Mar 91 min read


CMU OmniClear and HKEX sign MOU on enhancing post-trade securities infrastructure of Hong Kong’s capital markets
CMU OmniClear Limited (CMU OmniClear), a wholly-owned subsidiary of the Exchange Fund, and Hong Kong Exchanges and Clearing Limited...
Mar 92 min read


FG to close down VIP section of Abuja airport which has been turned to hub for money laundering, human trafficking, others
The Federal Government has revealed plans to close down the General Aviation Terminal (GAT) at Nnamdi Azikiwe International Airport,...
Mar 93 min read


STL nonprofit leaders accused of $7M school meal fraud, money laundering conspiracy
A couple who ran a local nonprofit was arrested today after being accused in an indictment that claims they stole over $7 million that...
Mar 91 min read


Hong Kong capital markets wrap up 2024 on a high note: SFC Quarterly Report
A strong asset management sector and enhanced market connectivity amidst improving investor sentiment provided Hong Kong’s capital...
Mar 93 min read


SFC obtains disqualification orders against former executive directors of Tech Pro Technology Development Limited
The Securities and Futures Commission (SFC) has obtained disqualification orders in the Court of First Instance against the former...
Mar 92 min read


SEC to roll out reforms to keep PH out of 'gray list'
The Securities and Exchange Commission (SEC) has vowed to roll out reforms that will keep the Philippines out of the Financial Action...
Mar 22 min read


Switzerland fines Morgan Stanley $1 million over 2010 money laundering case
The Swiss attorney general’s office said on Thursday it had imposed a $1 million fine on Morgan Stanley’s Swiss operations for failing to...
Mar 21 min read
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