September 01, 2016 BY LeapRate Staff

ASIC cancels license of IMS FX after omission of plans to sell the company

Australia financial regulator ASIC announced that it has won an Administrative Appeals Tribunal hearing against Retail Forex broker IMS FX Services Pty Ltd, allowing ASIC to make public its cancellation of IMF FX's regulatory license. The cancellation actually happened back in February, but was kept quiet under a confidentiality appeal by IMS FX. The Administrative Appeals Tribunal has…

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