ASIC’s Binary Options ban has been fully effective in preventing retail clients from losing money trading binary options in Australia.
The ASIC licence exception does not apply to those entities that provide service to Australia retail clients.
Following an ASIC investigation, Sirius Financial Markets Pty Ltd, trading as ‘Trade360’, has surrendered its AFS licence.
The ASIC relief is needed to enable Volt Corporation to prepare its annual report on a non-going concern basis.
ASIC has commenced civil penalty proceedings in the Federal Court against Lanterne Fund Services Pty Ltd.
ASIC has suspended the Australian financial services (AFS) licence of ISG Financial Services Limited (ISG).
ASIC has cancelled the Australian financial services (AFS) licence of Quattro Management Pty Limited.
ASIC has taken Mercer Financial Advice to Court for misleading customers about fees for no service and disclosure statement failures.
ASIC anticipates that market participants will have arrangements for new orders to trade on an alternative market during an outage.
ASIC announces that Jin Xi Li, of Caloundra, Queensland, has been sentenced to nine months imprisonment for insider trading.