Tag: bankruptcy administrator

August 17, 2016 BY LeapRate Staff

Alpari UK bankruptcy update: 79 cents on the dollar to be refunded as KPMG fees top £10 million

It has been more than 19 months since the bankruptcy of FCA-regulated retail forex broker Alpari UK, and things aren't totally unwound quite yet. Special Administrator KPMG has issued a further update on its work on the Alpari UK case. Alpari UK entered bankruptcy proceedings following heavy losses the company took on the Swiss Franc…

April 16, 2015 BY LeapRate Staff

KPMG has charged $6 million in administrator fees to Alpari UK insolvency, expects total take of $7-8 million

KPMG's fees, plus legal and other expenses incurred since January 15, will eat up more than 10% of Alpari UK client funds.

Tag: bankruptcy administrator

Alpari UK bankruptcy update: 79 cents on the dollar to be refunded as KPMG fees top £10 million

KPMG has charged $6 million in administrator fees to Alpari UK insolvency, expects total take of $7-8 million

Morgan Stanley Fined $1m By FINRA for Market Access Control Failures

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