Tag: Securities
Investment companies and shell companies: The hidden tools of money laundering
Money laundering is the process of disguising the proceeds of criminal activity as legitimate funds in an effort to conceal their illicit origin.
Texas Stock Exchange secures $120m funding to challenge NYSE and Nasdaq
A new stock exchange, Texas Stock Exchange (TXSE) is set to challenge the New York Stock Exchange (NYSE) and Nasdaq.
AIG bags $712m and closes secondary share offering of Corebridge Financial
American International Group, Inc. (AIG) has successfully concluded its secondary offering of Corebridge Financial, Inc. (CRBG) shares, generating approximately $712m.
Citi backs FinTech Sharegain in $64m Series B
Sharegain, a capital markets infrastructure FinTech looking to democratise the securities lending industry, has raised $64m from a Series B funding round led by WestCap.
SEBI introduces new charter for securities market investors
The Securities and Exchange Board of India (SEBI) has published an investor charter aimed at those who invest in securities markets.
Forge Global nets $150m as it receives FINRA approval
Forge Global, a private securities marketplace, has netted $150m in funding, alongside getting approval from FINRA to operate as a single broker dealer.
Dispersion Holdings eye AQSE market floatation
DeFi enterprise Dispersion Holdings is planning to apple for admission of its shares to trading on the Access segment of Aquis Stock Exchange Growth Market (AQSE) in London.
iSTOX bags second funding round in matter of months
Securities issuance and trading platform iSTOX has bagged a $5m investments, just months after closing its former round.
ESMA states increased risk to investors due to renewed market volatility
The European Securities and Markets Authority (ESMA) has stated investors are facing “very-high market risk” due to renewed market volatility.
Tokeny receives €5m in funding from European stock exchange Euronext
Tokeny Solutions, a compliant tokenisation platform, has received a €5m investment from pan-European exchange Euronext.