Broker News | FCA Begins Proceedings against Individual over £1.3M Unauthorized Investment Scheme

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Broker News | FCA Begins Proceedings against Individual over £1.3M Unauthorized Investment Scheme

#Industry
01 Exploring the Controversy: The Future of Darkpools

How blockchain technology could bring transparency back into the stock market

02 Exclusive | CySEC's Chair: Regulators Should Be 'Careful' with AI
In part 2 of our interview, Dr George Theocharides talks AI, fintech, and the FTX saga.
The SEC's "aggressive stance" towards Binance and Coinbase is an attempt to create "a structure."

03 Almost 50% of the UK Traders Feel Inflation Blues and Seek Cheaper Solutions
Nearly half of the UK's online investors are feeling the pinch of increasing inflation.
Investors are increasingly moving to low-cost trading platforms.

04 FCA Begins Proceedings against Individual over £1.3M Unauthorized Investment Scheme
Daniel Pugh is facing charges of fraud and breaching the Financial Services and Markets Act.
He is accused of defrauding investors of approximately £1.3 million.

 

#Broker

01 IG Group Ends FY23 with Lower Trading Revenue, Expands Share Buyback

The trading revenue of the broker has declined 3 percent.
It allocated £250 million more to its share buyback program.

02 Wealthtech and the Rise of Robo-Advisors in 2023
Robo-advisors are making waves.

03 Infographic: Breaking Down Sport Sponsorships for CFDs Brokers
Apart from football, brokers are now partnering with regional and niche sports.
The cost of these deals can go as high as $50 million.

04 Moneta Markets Enters Dubai with Its Ongoing Expansion Drive
The broker obtained a Mainland Company License in Dubai.
It is now moving to strengthen the Dubai team.

 

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