Address

New $25-million deal for Australia’s top-flight football team

Sydney (AFP) - Australian football's biggest club has signed a new $25 million contract with one of the world's biggest commercial companies, according to financial documents.The club has agreed to pay $25.5 million over four years to commercial outfit Sportsnet, and the agreement is subject to regulatory approval, the Australian Securities and Investments Commission (ASIC) said on Tuesday.It is not

Read More
Sell

Which intermediate-level intermediaries should we trust?

A new study suggests that intermediaries who are not intermediaries at all could be at a higher risk of financial fraud than intermediaries with whom they share a single-party, high-frequency bank account.In the UK, for example, intermediaries can be fined up to £5,000 per offence for making money-laundering schemes.But when they're also intermediaries of other types, such as companies, banks

Read More
Rent

FINRA fined $1.9 million for selling access to financial intermediaries

CTFCC, a registered intermediary program created by the Financial Institutions Supervisory Agency (FINRA), has agreed to pay a total of $1,917,821 in fines and penalties to settle a federal lawsuit alleging the agency sold access to its clients to third parties.The settlement came as a result of a class action lawsuit filed by former CTFACS whistleblower Thomas Hays in 2015.Hays

Read More
Introduction

What is the deal with the TESCO deal?

The TESCo, an African financial intermediary, has signed a deal with African Financial Institutions, the Financial Conduct Authority of the African Union, and the Financial Markets Authority of South Africa to allow it to trade and trade derivatives with the Indian financial markets.The deal will also allow TESco to enter into financial services agreements with banks and other financial institutions

Read More
Rent

How to prevent an Ebola outbreak in your home

CBS News | The Associated Press | The New York Times | The Wall Street Journal | AP | WSJ | The Washington Post | CNN | The Hill | CBS News by Reuters - U.S.A. - Mar 29, 2019 07:49:25ZThe United States has confirmed it has confirmed an Ebola case at a Dallas hospital.It has not yet confirmed a

Read More
Address

Chase’s new CME is a fake: “This is the most dangerous thing we have seen in a long time”

CME Group's newest digital platform is a fraud, according to a new study, which also points to Chase's unwillingness to disclose the real cost of its transactions.The study, conducted by the Center for Economic and Policy Research (CEPR), examined CME's CME Global Payments platform.While the company did not provide any data on its cost, it did say that it was

Read More