July 04, 2014 BY Andrew Saks-McLeod
ASIC gets tough on unregulated FX business: Takes a stand by shutting firm down
Australia's national financial regulator has obtained a court order against unlicensed FX firm which promised "quick executions, low spreads, and intelligent customer-service", but withheld profits from clients. With the firm now closed by ASIC, the investigation continues.
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