FTC Warns Investors To Not Be Duped By False Promotions

People are always on the lookout for ways to get rich. This is why you see so many get-rich-quick schemes becoming so successful and the people behind them have no trouble getting money out of individuals who fall for the

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London Block Exchange Set To Go Into Liquidation

Though the rumours have been circulating for over a year regarding the poor financial health of the London Block Exchange (LBX), analysts did not take those rumours seriously as the company still looked to be going strong. The company went

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New Indian IPOs Expected To Bring In Billions Of Dollar In 2020

Initial public offerings (IPOs) are a major move by companies to get some funding for their potential expansion and operation. A successful IPO can transform a company from a minor player to a major player in the market. India seems

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Woodford Investors Expected To Lose More Money

Neil Woodford was one of the biggest fund managers in the UK and it was his star power that attracted many investors to his equity fund. However, this popular investment fund went bust and his investors were left with a

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FICO Credit Scoring Will Impact Credit Scores Of Millions In US

Credit scores play a major role in the financial life of every individual. In the past, credit scores were based on a mix of credit history, amount, balances, and payments. This was called the FICO score and was used widely

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Green Investments Increasing As Climate Change Concerns Grow

The massive bush fires in Australia have caused significant devastation to life, property, animals and the environment. These fires have only fueled global fears of massive climate change and have spurred millions of investors from around the world to direct

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FCA Encourages Financial Firms To Take Action Now Over LIBOR Phase-out

London Interbank Offered Rate (LIBOR) has been the benchmark for interest rates all over the world since the 1980s. However, the Financial Conduct Authority (FCA) which is the financial watchdog in the UK has seen the need for a better

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BlackRock Targets Eco Friendly Companies For Major Investments

The world seems to be in more turmoil now more than ever with natural disasters happening at a major scale. Climate change is being blamed for the bushfires in Australia, the floods in Indonesia and the volcanoes in the Philippines.

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Australians Reportedly Lost $61.6M To Investment Scams In 2019

One of the first things that financial advisors tell their potential clientele is that they should start investing right away. When you find the right investment firm and invest your money wisely, you get good returns. However, a number of

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ASIC Changes Wholesale Trading Regulations for CFDs

The Australian Securities and Investments Commission (ASIC) has been tightening up local regulations for the trading industry. The watchdog has already decided to implement leverage restrictions for contracts for differences (CFDs) but that is still far off. The new set

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