ASIC cancels Marigold Falconer licence


ASIC has cancelled the Australian financial services licence held by Marigold Falconer International Limited (Marigold Falconer).

Marigold Falconer

Marigold Falconer was unable to satisfy ASIC that it could obtain insurance cover for the services it was authorised to provide under the licence, which included providing financial product advice and dealing in financial products.

ASIC has previously suspended Marigold Falconer’s licence until September 30, 2016, subject to a number of conditions. Those conditions included that Marigold Falconer was to provide evidence to ASIC by July 31, 2016 that it would be able to obtain professional indemnity insurance for a licence variation it proposed to seek, authorising it to trade in Spot Gold.

Related News

arrow

ASIC cancels Marigold Falconer licence

4

Send this to a friend

Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: