OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Federal Court Fines Forex CT for $20 Million…
The Federal Court in Australia has fined Forex CT for $20 million in a case that was pursued by the Australian Securities and Investment Commission (ASIC) for unconscionable conduct including the use of high-pressure sales…
$20 Million: Forex CT Fined for “Systemic Unconscionable…
A Federal Court in Australia has ordered Forex Capital Trading (Forex CT) to pay a $20 million penalty for engaging in systemic unconscionable conduct, paying conflicted remuneration to its team leaders and account managers, and…
ASIC Bans Union Standard Director from Providing Financial…
The Australian Securities and Investments Commission (ASIC) has banned John Carlton Martin from providing financial services for a period of 10 years and from managing corporations for a period of 5 years. Martin was a…
Pepperstone Expands Shares Trading on MT5
Pepperstone has added more UK, German and Australian shares to its MetaTrader 5 offering, as brokers increasingly go multi-asset. Users can find shares of Tesla, Apple, Facebook, and Amazon, among others with the Melbourne-based brokerage.…
ASIC Consults on Updates to ePayments Code
The Australian Securities and Investments Commission (ASIC) has released a consultation paper for updates to the repayments Code that are being proposed by them. Many of the companies licensed by the ASIC are already aware…
ASIC Makes Macquarie Securities Pay $126,000 Penalty on…
The Australian Securities and Investment Commission (ASIC) has announced that Macquarie Securities (Australia) Limited (‘MSAL’) has paid a penalty of $126,000 to comply with an infringement notice served upon it by the Markets Disciplinary panel.…
ASIC Warns Against Fake News on Social Media:…
ASIC has warned against advertisements disguised as fake news articles after receiving an increased number of complaints from consumers who have lost money by trusting them. While these issues are clearly happening to unsophisticated investors,…
ASIC Initiates Court Proceedings Against PR Capital Funds…
The Australian Securities and Investments Commission (ASIC), has initiated proceedings in the Federal Court in Brisbane against PE Capital Funds Management Ltd for misconduct in the operation of managed investment schemes. the ASIC had initiated…