AFCA to no longer consider complaints about Forex CT
The Australian Financial Complaints Authority (AFCA) has published important information for consumers about Forex CT.
The Australian Financial Complaints Authority (AFCA) has published important information for consumers about Forex CT.
Forex CT will continue to be a current member of AFCA until 3 August 2021 and consumers can still lodge complaints.
Forex CT had a trading floor culture geared towards maximising trading volume and client deposits rather than complying with the law.
Australia Federal Justice John Middleton will release his reasons for his penalty judgment against Forex CT at a later date.
ASIC bans Forex CT chief executive officer, responsible manager and sole director, Shlomo Yoshai, for ten years.