ASIC says BocaFX is not authorized forex broker in Australia
Nov 18 2015 11:33:36 Stanimir Zhelev in Market
The Australian Securities and Investments Commission (ASIC) said on Wednesday Boca Global Financial Group (BocaFX), has improperly been stating on its website it is regulated or authorized by ASIC to provide financial services in the country.
Australian forex broker Ingot Brokers fixes cash reserve to meet ASIC requirements
Nov 13 2015 09:33:09 Stanimir Zhelev in Brokers
Australian forex broker Ingot Brokers has rectified its cash and cash equivalents arrangements to comply with the financial resource requirements of the Australian Securities and Investments Commission (ASIC), the regulator said yesterday.
Australia’s ASIC fines XForex $30,600 for misleading ads
Nov 03 2015 09:38:05 Stanimir Zhelev in Brokers
Australia’s financial regulator, ASIC, has issued three infringement notices against O.C.M. Online Capital Markets Pty Ltd (OCM), which operates under the trade name XForex, for misleading online advertising and contravening consumer protection laws.
Australian regulator cancels NZGFT's forex licence
Oct 15 2015 14:34:44 Stanimir Zhelev in Market
Australian Securities and Investments Commission (ASIC) has not granted a new forex licence since January 1 2014. Now it revokes one of the existing licences on misleading marketing claims.
ASIC pushes FIBO Group and XM.com out of the Australian forex market
Aug 27 2015 14:45:58 Stanimir Zhelev in Brokers
Following ASIC concerns, British Virgin Island company FIBO Group Limited (FIBO) and a Cyprus company, Trading Point of Financial Instruments Limited (also known by the trading name XM.com) (Trading Point), have each agreed to cease providing unlicensed financial services to Australians.