October 17, 2018 BY Valentina Kirilova
ASIC cancels AFS license of Red Summit
Australian regulator ASIC has just announced that it has cancelled the Australian financial services (AFS) license of WA-based Red Summit Trading Partners Pty Ltd (Red Summit). On 7 March 2018, ASIC suspended the AFS license of Red Summit until 7 September 2018 after it was found that the licensee was not carrying on its financial…
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