ASIC regulated retail Forex provider Ingot Brokers rectifies its cash reserve shortfall to meet legal requirements
ASIC states the company now rectified its 'cash and cash equivalents' arrangements to comply with its financial resource requirements. The Austrailian Securities and Investments Commission (ASIC) yesterday notified the investing public following ASIC's concerns regarding licensed retail FX provider Ingot Brokers. ASIC found Ingot was in breach of the financial requirements of its Australian financial services licence (AFSL) as a…
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