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IMS News 10-24-2013
IMS IS AWARDED PATENT ON ITS POINT OF CONVERSION TECHNOLOGY 10-24-2013. Rather than repeating the same market updates IMS provides News and Articles relevant to issues about transparency and accountability in the currency industry. It is our goal to share news and information that will help American business understand the currency transaction process and lack of transparency. We believe that transparency in the market will strengthen American businesses.

News about Transparency Issues

NY prosecutors sue BNY Mellon over forex claims (seeking in excess of $2 billion)
http://www.chicagotribune.com/business/sns-rt-us-bankofnymellon-nyagtre79374w-20111004,0,6391406.story

SEC continues to Probe into suits against State Street
http://www.bloomberg.com/news/2011-05-12/sec-probes-state-street-foreign-exchange-pricing.html

California Sues it's custodial bank over undisclosed fees

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ae6_a8VcZBrU

Arkansas Sues Bank on undisclosed FX fees
http://www.bloomberg.com/news/2011-02-12/arkansas-fund-sues-state-street-over-exchange-pricing-update1-.html

Black Rock sues bank over undisclosed fees, WSJ
http://online.wsj.com/article_email/SB10001424052748704858404576134621749287408-lMyQjAxMTAxMDEwMDExNDAyWj.html

Suspicion of Forex Gouging Spreads:
http://online.wsj.com/article/SB10001424052748704858404576134621749287408.html

Inside a Battle Over Forex:
http://online.wsj.com/article/SB10001424052748703421204576327162101805594.html

SEC Deepens Probe of Forex Trading
:http://online.wsj.com/article/SB10001424052702303654804576341782867546062.html?mod=rss_whats_news_us

Mass. pension opens wider investigation over alleged forex abuses:
http://www.bizjournals.com/boston/news/2011/06/13/mass-pension-opens-wider.html?page=all

State Street Rehired by Calpers After Being Likened to ‘Thugs’ Over Fee:
http://www.bloomberg.com/news/2011-07-06/state-street-rehired-by-calpers-after-being-likened-to-thugs-.html