ASIC also discovered that Marsh made misleading statements to clients. He promised they would make profits trading with Forex CT when actually CFD is a relatively high-risk investment. Marsh also promised that risk the of trading losses is reduced if clients made increased deposits in their trading accounts while in reality increasing deposits is placing…
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The Australian watchdog discovered a number of Forex CT clients suffered significant losses in the size of hundreds of thousands of dollars, including from their superannuation accounts, from investing in these products. Forex CT’s AFS licence will continue to end of July to allow setting a dispute resolution scheme in place and to facilitate the…
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André Lavold, CEO of Skilling Group, commented: The acquisition of the prestigious Seychelles licence is a very important milestone for our global expansion. Since our launch in Europe last year, we proudly witnessed a high demand for our product. We have worked continuously in the past 12 months to make our trading platform even faster…
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The Commission also found that on 8 February 2018, Khorrami placed simultaneous buy and sell orders in six different CME futures contracts. After being unable to fill the orders, Khorrami repeatedly modified them until the bid and offer price matched, resulting in a series of pre-arranged cross trades in contracts for crude oil, British Pound,…
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AMF added the following websites to its blacklist: www.2r-capitallimited.com www.aeg-solutions.com www.agf-placement.com www.alter-investments.com www.bfservicesonline.com www.bivouac-capital.com www.blm-whisky.com www.capital-am.com www.cave-epargnewhisky.com www.cfm-wine.com www.cheptel-invest.fr www.chryson-limited.com www.cluny-limited.com www.code-patrimoine.com www.consero-capital.com www.edison-management.com www.ehcapital.fr www.epargnewhisky.com www.epargne-whisky.com www.epargne-whisky-avis-forum.com www.epargne-whisky-formulaire.com www.financedeutschcapitale.com www.fx-vantage.com www.golddinar.fr www.good-whiskey.com www.grs-capital.com www.investir-dans-le-whisky.com www.le-vin.info www.london-s-exchange.com www.maison-vin.com www.mansolutionsgroup.com www.nfinancial-partners.com www.optimuminvests.com www.predictedmarkets.fr www.tousmesbonsplans.com/campagne-whisky/index.php www.traditionf.com www.whisky-patrimoine.com www.whisky-veritas.com Read More: French AMF warns against the entity and…
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The AMF asks investors to not do business with persons or entities associated with Magaffairs and to not pass their marketing advertisement to third parties. The AMF also reminds investors to follow these simple guidelines before making an investment: High returns always involve high risk and no advertising materials should be able to convince you…
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South Korean cryotocurency exchange Bithumb announced its partnership with crypto forensics firm Chainanylsis after new Korean crypto regulations was established. Bithumb will use Chainalysis’s “Reactor” investigations tool for examination of suspicious activity on its platform in order to comply with Korea’s recently revised Special Financial Transactions Information Act. The new crypto exchange regulation is expected…
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Financial secretary of Hong Kong Paul Chan, announced yesterday in his annual budget speech that he is considering changes of the regulation in the cryptocurrency sector to strengthen the anti-money-laundering (AML) norms and counter-terrorist-financing (CTF) policies. Financial Secretary Chan indicated in his speech that he was following recommendations form global financial regulator, Financial Action Task…
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Regulation provides with trust in the otherwise risky industry, it gives Forex brokers framework to guide them. Licenses mean that brokers have gone through a vetting process, their legitimacy has been confirmed. Thus, making them safer in holding your money and accessing investments and financial markets. Licenses help brokers to form and maintain meaningful partnerships…
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Israeli Securities Authority (ISA) proposed that Forex companies publish their client losses in an attempt to minimize the trader’s risk exposure. ISA has published a draft proposing a requirement from Forex trading companies to publish client loses. The draft is open for public comment. As a step towards investors education, the transparency would allow traders…
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