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  • LONDON, Jan 21- The co-founder of Russian-owned Alpari said he had applied a year ago to wind up the parent company of its retail foreign exchange brokerage Alpari UK, fearing it was "doomed" long before the company's collapse from trading losses last week. The comments by Alpari's Andrey Dashin raise questions for UK regulators, already under pressure over how...

  • MetLife won't win SIFI fight: AIG's Miller  Wednesday, 21 Jan 2015 | 8:47 AM ET

    Steve Miller, AIG non-executive chairman, shares his thoughts on being designated a systemically important financial institution and the importance of making a distinction between a bank and an insurance company.

  • SAN FRANCISCO, Jan 20- A Texas company that makes brain-training games for children has settled a complaint over unsubstantiated health claims, the U.S. government said on Tuesday. The U.S. Federal Trade Commission said Focus Education claimed in an advertisement and on its website that it could permanently improve a child's focus, memory and school...

  • Jan 20- Casino operator Wynn Resorts Ltd has slashed Chief Executive Steve Wynn's salary to $2.5 million per year from $4 million, a regulatory filing showed. Wynn, 72, is worth $3.5 billion, according to Forbes magazine. He will also now have to pay to use the company jet for personal purposes, though the filing outlined a $250,000 credit per year that he will...

  • NEW YORK— A month after it was fined $47 million for misleading investors, Life Partners Holdings said Tuesday it filed for Chapter 11 bankruptcy protection. The Securities and Exchange Commission filed a lawsuit against the company in 2012, saying that Life Partners Holdings and three executives misrepresented revenues and public information.

  • Airbnb's NYC battle  Tuesday, 20 Jan 2015 | 11:23 AM ET

    City officials are meeting on controversial rental laws and the legality of Airbnb in New York City, reports CNBC'S Kate Rogers.

  • BRUSSELS, Jan 20- European Union antitrust regulators have set a Feb. 23 deadline for a decision on whether to clear General Electric's planned purchase of most of French engineering group Alstom's power equipment business. The European Commission said on Tuesday the companies requested approval for their deal on Jan. 19. U.S. conglomerate GE received the...

  • WASHINGTON, Jan 20- More regulation may be needed for a key part of the banking industry's profit engine, a top Federal Reserve official said on Tuesday, as regulators continue to determine ways to make markets safer and more transparent. Fed Governor Jerome Powell said efforts to improve safeguarding against improper uses of information across the fixed...

  • LONDON, Jan 20- Britain's financial regulator has fined Reckitt Benckiser for not informing the market properly about share trading by two senior executives, in the latest crackdown on disclosure failures by London- listed firms. Consumer goods producer Reckitt failed to monitor the internal share dealings of the executives, leading to late and incomplete...

  • FXCM declines as it discloses loan details Tuesday, 20 Jan 2015 | 7:38 AM ET

    NEW YORK— Shares of FXCM are plunging in premarket trading Tuesday as the online foreign exchange trading broker disclosed that its bailout loan from Leucadia National Corp. includes a rising rate for each month that the loan remains open. FXCM said that it reached a deal with Leucadia that allowed it to meet its regulatory capital requirements and to...

  • Jan 20- Hong Kong shares rose on Tuesday after mainland indexes rebounded on comments by China's securities regulator that it was not trying to suppress that market's rally. Among the most actively traded stocks on Hong Kong's main board were Bank Of China, up 2.6 percent at HK $4.29 Yat Sing Holding Ltd, up 50.0 percent at HK $0.90 and ICBC, up 2.4 percent at HK $5.58.

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 1.2 percent, to 3,396.22, while the Shanghai Composite Index gained 1.9 percent, to 3,173.05 points. "The CSRC's announcement has slightly relieved investor sentiment but it's impossible for investors to immediately regain confidence given that the problem of margin trading...

  • Wolf names picks for education, labor and industry Monday, 19 Jan 2015 | 1:46 PM ET

    HARRISBURG, Pa.— Gov.-elect Tom Wolf has named Lancaster school Superintendent Pedro Rivera as his choice for secretary of the Department of Education and former state lawmaker Kathy Manderino to become secretary of the Department of Labor and Industry. Ed Rendell also tapped a head of the Lancaster district, Vicky Phillips, as his first pick to head the...

  • Argentina prosecutor found dead at his home Monday, 19 Jan 2015 | 1:24 PM ET
    Demonstrators shout slogans as they wave Argentine flags during a protest over the death of prosecutor Alberto Nisman, outside the Casa Rosada Presidential Palace in Buenos Aires January 19, 2015.

    The prosecutor had accused Argentine President Fernandez of shielding Iranian suspects in the country's worst terrorist attack.

  • Measure would void new North Dakota flaring, oil rules Monday, 19 Jan 2015 | 12:37 PM ET

    BISMARCK, N.D.— New rules aimed at curbing the wasteful burning of natural gas in North Dakota and making crude oil safer for shipment would be void under a proposal by some Republican lawmakers. Scrubbing the new regulations would have a serious financial impact on the state and would invite even more onerous regulations by the federal government, state...

  • HONG KONG, Jan 19- Derivatives watchdogs are expected to agree a new timeline for the introduction of margin requirements for swaps transactions after strong resistance from the international banking industry, Europe's top securities regulator said. Speaking on the sidelines of the Asia Financial Forum in Hong Kong on Monday, Steven Maijoor, chair of the...

  • Global regulators mull swaps rules reprieve Monday, 19 Jan 2015 | 6:22 AM ET

    HONG KONG, Jan 19- Derivatives watchdogs expect to agree a new timeline for the introduction of new capital requirements for swaps transactions after strong resistance from the international banking industry, Europe's top securities regulator said. Speaking on the sidelines of the Asia Financial Forum in Hong Kong on Monday, Steven Maijoor, chair of the...

  • SEOUL, Jan 19- Uber Technologies Inc said on Monday it will connect users to a licensed taxi company in the South Korean city of Incheon, in a bid to comply with local regulations that ban the controversial online ride-sharing service from using private cars. The move comes a month after the prosecutors in the capital Seoul indicted Uber CEO Travis Kalanick and...

  • Other markets in Asia and Europe were mostly higher. CHINA CURBS: The China Securities Regulatory Commission imposed curbs late Friday on margin financing, or borrowing to purchase stocks, following an investigation of the industry. The three affected brokerages, Citic Securities Co., Haitong Securities Co. and Guotai Junan, were forbidden to lend money and...

  • Gibraltar, the next gaming & finance hub?  Monday, 19 Jan 2015 | 12:39 AM ET

    Albert Isola, the Finance Minister of Gibraltar, outlines the territory's approach towards developing its financial services and gaming sectors.