techkenyot.com
techkenyot.com October 19, 2018


FCA warns on 94 unauthorised binary options traders

13 January 2018, 04:43 | Hattie Nash

The City regulator is cracking down on “binary options”LEON NEAL AFP GETTY IMAGES

The City regulator is cracking down on “binary options”

The Financial Conduct Authority is investigating 94 firms which may be offering binary options in breach of new Mifid II rules.

The Financial Conduct Authority published a list of 94 firms on Friday that it believes are illegally selling risky investment products known as binary options without authorization, flexing its muscle after taking over regulation of the sector on January 3.

Action Fraud, which is part of the City of London Police, issued a similar warning past year.

'Arrogant' UK surgeon fined for burning initials onto patients' livers
Bramhall had used a cauterising device known as an argon beam coagulator to burn his initials into the transplanted liver. Yesterday Judge Paul Farrer, QC, ordered Bramhall to pay a £10,000 fine and undertake 120 hours of community service.

The full list of unauthorised binary options providers can be accessed via the firm's website.

On Friday, the United Kingdom financial services watchdog released a list of 94 companies, which it understands are offering binary options trading to United Kingdom consumers without proper authorisation.

The regulator said it compiled the list using information it had received from customers and other agencies and by monitoring the binary options markets. The FCA is examining each of these firms to determine whether any are genuinely operating from within the UK.

Patriots Cruise Past Jets 26-6, Lock up #1 Seed in AFC
In a year when New England has lost a number of key players to injury, keeping Gronkowski healthy for the playoffs is essential. The New York Jets 2017 season came to an end not with a bang, but with a whimper. "But, you know, chemistry-wise we are there".

Although, numerous firms that appear on the register claim to be based in the United Kingdom, the FCA suspects that "most of the addresses they provide are false and that the firms are actually based overseas".

The chief City regulator has named 94 firms that it thinks may be illegally taking bets from United Kingdom investors and has threatened to prosecute them where it can.

Binary option consumers typically lose money, and these losses can be significant. The clients that have accounts to trade in the speculative instrument are not covered by any compensation not can complain to the Financial Ombudsman Service or the Financial Services Compensation Scheme in case of an adverse outcome.

Megyn Kelly backtracks after stunning fat-shaming remarks
Soon there were diet pills and obsessive exercise and I had reduced my calorie intake to 500 calories a day. What I know without a doubt is that weight is an issue for many individuals, thin and overwhelming alike.



Other News

Trending Now

ISD incoming termination rate cut to 30 paise from 53 paise
The regulator pointed out that it was doing so to curb the "grey route", which was posing a security threat to the country. Most of these worldwide calls terminated on Bharti Airtel, Vodafone and Idea's network.

Mahadayi: Farmers call for bandh on Jan 25
On December 27 past year , a bandh was observed in five north Karnataka districts over the same issue following a call by farmer groups.

Securities Analyst Recommendations: Wingstop Inc. (WING), Whiting Petroleum Corporation (WLL)
Marshall Wace North America L.P. purchased a new stake in Whiting Petroleum during the 2nd quarter worth about $1,268,000. Northwestern Mutual Wealth Mngmt owns 0% invested in Whiting Petroleum Corporation (NYSE: WLL ) for 2,235 shares.

Mourinho demands Jamie Vardy, Javier 'Chicharito' Hernandez
But the Telegraph are claiming that if that deal does not come off, then United will look to either Vardy or Hernandez. The Telegraph reports that United have made initial inquiries about Leicester City's Jamie Vardy .

Analyst Stock Ratings: Rowan Companies plc (RDC), Ambarella, Inc. (AMBA)
After $0.55 actual EPS reported by Saia, Inc. for the previous quarter, Wall Street now forecasts -5.45% negative EPS growth. Rowan Companies plc (NYSE: RDC ) shares were trading lower by -0.29 percent ($-0.05) at $17.02 a piece in Monday's session.

Lookout for Price Target? KB Home (KBH), Jaguar Health, Inc. (JAGX)
The difference between the expected and actual EPS was $0.07/share, which represents an Earnings surprise of 53.8%. KB Home (KBH) have shown a high EPS growth of 19.90% in the last 5 years and has earnings rose of 32.30% yoy.

Traders Buy High Volume of Put Options on Dynavax Technologies (DVAX)
ValuEngine lowered Dynavax Technologies from a "hold" rating to a "sell" rating in a research report on Friday, December 1st. Moreover, Glenhill Lc has 0.48% invested in Dynavax Technologies Corporation (NASDAQ:DVAX). 28,369 are owned by Pnc Grp Inc.

Magic Formula Update on CNX Midstream Partners LP (NYSE:CNXM)
For the past 5 years, the company's revenue has grown 16.1%, while the company's earnings per share has grown -38.5%. The stock of EnLink Midstream Partners , LP (NYSE:ENLK) has "Buy" rating given on Thursday, November 2 by Citigroup.

California Mudslides Turn a Toyota Prius Into an Urban Log Flume Ride
Franklin said they did not know whether they would survive being pushed down the hill as if surfing atop the water. Franklin and his friend packed their cars and shoveled several feet of mud from the front of the driveway.

Q3 2017 Sentiment Lowes Companies Inc (NYSE:LOW)
State of Alaska Department of Revenue raised its stake in shares of Lowe's Companies by 8.3% during the 2nd quarter. (NYSE:LOW). Harbour Capital Advisors LLC acquired a new stake in shares of Lowe's Companies in the first quarter worth $103,000.