USGFX entered in to voluntary administration on 8 July with Andrew Cummins and Peter Krejci of BRI Ferrier (NSW) Pty Ltd appointed…
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USG moves its headquarters to London
In early September the group sent an email to its clients stating: With fifteen years of experience, outstanding technology and…
Read MoreInsider trader sent to prison for three years for trading in Big Un shares
Throughout the course of the investigation, Ho co-operated with ASIC, participated in voluntary interviews and provided documents. Ho also formally…
Read MoreASIC bans former BitConnect representative for seven years
The Australian watchdog found that Bigatton provided unlicensed financial product advice. His conduct was also misleading and deceiving in promotion…
Read MoreASIC bans Brisbane finance broker and cancels the license of Global Merces Funds Management
The ASIC also announced cancelling the Australian financial services (AFS) licence of Global Merces Funds Management Limited. The reason for…
Read MoreFormer CFS Private Wealth financial adviser sentenced to six years in prison for $1.8M Ponzi scheme
ASIC Deputy Chair Daniel Crennan QC said: As a financial adviser Mr Miller ought to have protected the interests of…
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Samtrade expands global footprint and secures FCA and ASIC licences
Sam Goh, Founder and CEO, Samtrade FX commented: Since incorporation, ensuring trust and confidence in every trade has been central…
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Organised crime investigation into $17 million fraud leads to charges against 12 people
AFP Commander Investigations, Eastern Command, Kirsty Schofield commented: Transnational and serious organised crime groups are evolving. No longer do they…
Read MoreASIC suspends the licence of OTC derivatives issuer USGFX
Even though the licence is suspended, ASIC has allowed the administrators to conduct certain necessary activities under the licence during…
Read MoreForex Capital Trading sued for unconscionable conduct and conflicted remuneration
The Australian regulator also alleges that Forex CT contravened a ban on conflicted remuneration under the Corporations Act by paying…
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