Prospero Markets Misplaced AFS LicenseThe cancellation of the Australian Monetary Providers (AFS) license, efficient from 25 September, got here after the regulator suspended it in December The dealer is at the moment below liquidation after a federal court docket,…
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Prospero
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The Australian Federal Court docket has mandated the closure of Prospero Markets, a foreign exchange and contracts for variations (CFDs) dealer, and has appointed a liquidator to supervise the method of returning consumer This directive comes on the behest…
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Regulation
The $229M Cash-Laundering Scheme That Introduced Down Prospero Markets
by Jeremyby JeremyThe Australian Securities and Investments Fee (ASIC) has taken authorized motion to wind up a retail over-the-counter (OTC) by-product issuer, Prospero Markets Pty Ltd (Prospero), over its alleged involvement in a money-laundering Devoted Foreign exchange cloud options with secure…
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Regulation
Prospero Markets Did not Lodge Monetary Reviews, ASIC Suspends License
by Jeremyby JeremyIn its newest enforcement motion, the Australian Securities & Investments Fee (ASIC) has suspended the license of Prospero Markets Pty Ltd (Prospero), an over-the-counter derivatives issuer providing foreign exchange and contracts for variations (CFDs) devices, for failure to lodge monetary…