Tag: Exchange Commission
US Trade Commission is investigating crypto companies
cryptocurrencies The second largest crypto exchange FTX recently went bankrupt. (Photo: imago images/onemorepicture) Washington/New York The US Trade and Consumer Protection Agency (FTC) has targeted crypto companies for potentially misleading…
Bafin sees shortcomings in online broker Flatexdegiro
BaFin logo The tax authorities already submitted their audit report in November. (Photo: Reuters) Frankfurt Bad news from the Frankfurt online broker Flatexdegiro: The German financial regulator Bafin subjected the…
Kenneth Rogoff: Will Cryptocurrency Survive?
The author Kenneth Rogoff was Chief Economist at the International Monetary Fund and teaches economics at Harvard University. The epic collapse of prodigy Sam Bankman-Fried’s $32 billion crypto empire FTX…
LBBW has to pay 498,000 euros in suspected insider trading
Landesbank Baden-Wuerttemberg The institute has to pay a fine of almost half a million euros. (Photo: dpa) Frankfurt The financial regulator Bafin has imposed a fine of EUR 498,000 on…
Crypto start-up in Vienna: In the midst of the crypto crash: Bitpanda receives Bafin license
Bitpanda founders Christian Trummer (from left), Paul Klanschek and Eric Demuth Bitpanda is one of the few crypto companies that now has a Bafin license. (Source: Company) Frankfurt In the…
Bitcoin is on the way to irrelevance
the authors Ulrich Bindseil (left) is Director General for Market Infrastructure and Payments at the ECB. Jürgen Schaaf advises the Head of Market Infrastructure and Payments at the ECB. (Photo:…
EU commissioner calls for global regulation after FTX bankruptcy
Mairead McGuinness The EU Financial Markets Commissioner criticizes the regulation in the crypto sector. (Photo: imago images/Lehtikuva) Brussels The EU Commission is calling for global regulation of the crypto sector.…
EU commissioner calls for global regulation after FTX bankruptcy
Mairead McGuinness The EU Financial Markets Commissioner criticizes the regulation in the crypto sector. (Photo: imago images/Lehtikuva) Brussels The EU Commission is calling for global regulation of the crypto sector.…
Competitor Bitpanda commissions KPMG with a special audit
Bitcoin illustration The FTX bankruptcy shakes the crypto sector. (Photo: IMAGO/Panthermedia) Frankfurt After the collapse of the FTX crypto exchange, the Viennese competitor Bitpanda commissioned KPMG to carry out a…
Deutsche Bank: Bafin threatens fine
Construction site sign in front of Deutsche Bank Financial supervision threatens the financial institution. (Photo: dpa) Frankfurt The financial regulator Bafin is demanding further improvements from Deutsche Bank to prevent…
US listing plans of some Chinese companies halted
Nasdaq Small Chinese companies want to pride themselves on being listed on the New York Tech Exchange. (Photo: Reuters) new York After noticeable jumps in stock market newcomers from China,…
Bafin orders a special audit at the L-Bank
L Bank building In the context of special audits, banking institutions have extensive obligations to cooperate with the auditors. (Photo: Thomas Rathay / teamwork / FOTOF (M)) Dusseldorf The Federal…
Nikola founder Trevor Milton found guilty
Trevor Milton The Nikola founder was found guilty of fraud. (Photo: AP) new York The founder of US truck manufacturer Nikola, Trevor Milton, has been found guilty of fraud. That…
German companies fear AI regulation that is too strict
facial recognition technology How far can artificial intelligence go? That’s what Brussels is all about. (Photo: imago images/Ikon Images) Frankfurt The German economy fears that the planned EU regulation on…
Crypto and regulation: victims of their own success
Bitcoin icon In the beginning, the industry was too small to be noticed by the authorities. (Photo: Unsplash) Crypto industry players have always had a confrontational relationship with regulators. The…
Bafin executive director Béatrice Freiwald has to go
Beatrice Freiwald The lawyer has long been considered a shaky candidate in financial supervision. (Photo: Bernd Roselieb/BaFin) Frankfurt The financial supervisory authority Bafin is separating from its executive director Beatrice…
Bafin Executive Director Béatrice Freiwald is threatened with extinction.
Beatrice Freiwald The lawyer, whose contract runs until the beginning of 2024, has long been considered a shaky candidate in the authority. (Photo: Bernd Roselieb/BaFin) Frankfurt The Bafin Executive Director…
Boeing agrees $200 million fine with SEC
737 maximum More than 300 people have died in two Boeing plane crashes. (Photo: Reuters) Washington The aviation group Boeing will pay millions in the dispute with the US Securities…
US Securities and Exchange Commission does not want to ban controversial payment-for-order practice after all
SEC The US Securities and Exchange Commission wants to make trading more transparent for small investors. (Photo: Reuters) new York The US Securities and Exchange Commission will not ban brokers…
Financial regulator Branson warns of risks in the real estate business
Mark Branson at the Handelsblatt Banking Summit The Bafin boss, who has been in office since August 2021, has announced a tougher approach to the supervision of financial institutions. (Photo:…