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The U.S. Financial Industry Regulatory Authority (FINRA) has fined Synovus Securities, Inc. $315,000 and issued a censure after claiming it found that the firm failed to properly supervise electronic signatures, leading to widespread forgery and falsification of customer and employee documents. According to FINRA’s Letter of Acceptance, Waiver and Consent, the violations occurred between January…

The Swiss franc has started the week with gains. In the North American session, USD/CHF is trading at 0.9048, down 0.40% on the day at the time of writing. The Swiss franc rose as much as 0.86% but has pared much of those gains. Retail sales in Switzerland climbed 0.8% y/y in November, missing the…

The Uranium Miners ETF (URA) offers targeted exposure to global uranium mining and exploration companies. It provides investors with opportunity to capture the sector’s long‑term growth potential as nuclear energy demand accelerates. By tracking a concentrated basket of producers, developers, and related equities, URA provides a focused way to participate in the structural tightening of…

2024.10.15 2024.10.15 Scarcity of Bears on Gold. Forecast as of 15.10.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The pullback in the gold price proved to be less pronounced than expected. The precious metal held above $2600 per ounce and then returned to its initial level. The question now is, what will happen next? Let’s discuss this topic and develop…

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