November 03, 2015 BY Mike Fox
ASIC Forex broker Online Capital Markets hit with $30,000 fine for deceptive marketing
O.C.M. Online Capital Markets Pty Ltd (OCM) an Australian financial services licensee which provides an online margin foreign exchange trading platform and products we learned just now has paid $30,600 in penalties after ASIC issued three infringement notices for false or misleading online advertising. Each infringement notice imposed a penalty of $10,200. The advertisements and e-mails…
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