SEC Fines Vanguard $106 Million Over “Investor TRFs Tax Consequences”

The Securities and Exchange Commission (SEC ) today (Friday) announced that The Vanguard Group, Inc. will pay $106.41 million to resolve charges related to misleading statements about capital gains distributions…

SEC Fines Vanguard $106 Million Over “Investor TRFs Tax Consequences”

The Securities and Exchange Commission (SEC) today (Friday) announced that The Vanguard Group, Inc. will pay $106.41 million to resolve charges related to misleading statements about capital gains distributions and…

CFPB Orders Block to Pay $255 Million for “Compliance and Fraud Failures”

Executive Interview with Andrian Coxon, CMO at Exante during FMLS:24 📣 Stay updated with the latest in finance and trading! Follow FMevents across our social media platforms for news, insights,…

IG Deal Cuts Freetrade’s Valuation By Over a Quarter: Shareholders Backlash

Following the acquisition by IG Group, Freetrade is facing backlash from its early investors as the £160 million cash deal was more than a quarter lower than its previous fundraising…

Swissquote Sees “Better than Anticipated” 2024 Financials Due to Crypto Demand

Swissquote, a leading online trading platform, has reported its 2024 revenue to be approximately CHF 655 million, with pre-tax profit expected to exceed CHF 345 million. The company highlighted that…

Australian BNPL Providers Must Obtain Credit Licence

The Australian Securities & Investments Commission (ASIC) has mandated that Buy Now, Pay Later (BNPL) platforms obtain credit licences. Effective 10 June 2025, the credit licence must authorise BNPL providers…

1,200 Alleged Victims Ask Forex Platform Cinkciarz.pl: Where Is Our Money?

One of Central Europe’s largest currency exchange platforms, Cinkciarz.pl, recently accused nearly all major Polish banks of “conspiracy” and threatened lawsuits totaling 6.76 billion zlotys ($1.6 billion). However, the fintech…

eToro Files for Nasdaq Listing with $5B Valuation IPO: Report

After years of ups and downs, eToro has confidentially filed for an initial public offering (IPO) with the U.S., targeting a valuation of over $5 billion, the Financial Times reported.…

eToro Files for Nasdaq Listing with $5B IPO Valuation: Report

After years of ups and downs, eToro has confidentially filed for an initial public offering (IPO) with the U.S., targeting a valuation of over $5 billion, the Financial Times reported.…

Revolut Kicks Off First Women’s Football Partnership with Manchester City

Manchester City Women has announced a global partnership with financial technology company Revolut. This is Revolut’s first investment in women’s football and adds to Manchester City Women’s list of commercial…