Preview Mode
News
Retail FX
Institutional FX
Fintech
Payments
Cryptocurrency
Executives
Thought Leadership
FMTV
Education
Forex Education
Cryptocurrency Education
Industry Terms
Directory
Events
Intelligence
Quarterly Intelligence Reports
Annual Subscription
Custom Reports
Market News
by
What are you looking for?
What are you looking for?
Subscribe to our News & Services
All News
Retail FX
Institutional FX
Fintech
Payments
Cryptocurrency
Executives
Thought Leadership
FMTV
Education
Forex Education
Cryptocurrency Education
Industry Terms
Directory
Events
Intelligence
Quarterly Intelligence Reports
Annual Subscription
Custom Reports
About Us
Contact us
Terms of Use
Privacy
Market News
by
Subscribe to our News & Services
FM ALL News
FM Crypto
Follow us on Twitter
Follow us on Linkedin
ADVERTISEMENT
ADVERTISEMENT
FM Home
>
Asic
Mastering Forex Trading Psychology
Education Center
The Complete Guide to Yield Farming
Education Center
Sandbox (SAND): The complete guide
Education Center
Accessing Wealth-Creation Opportunities Through Market Volatility
Thought Leadership
Mastering Forex Trading Psychology
Education Center
The Complete Guide to Yield Farming
Education Center
Sandbox (SAND): The complete guide
Education Center
Accessing Wealth-Creation Opportunities Through Market Volatility
Thought Leadership
ADVERTISEMENT
Asic
Search for a tag
Regulation
ASIC Seeks 5 Year Extension of Retail OTC Brokers’ Financial Requirements
The regulator is seeking another five-year extension of the requirements.
It did not propose any significant changes to the existing rules.
Thursday, 30/06/2022 | 07:33 GMT
by
Arnab Shome
Technology
ASIC Wants Trading Players to Provide Services Even during Outages
The regulator is asking market players to build resilient measures for outages.
It is concerned about the upcoming technology upgrades that might impact operations.
Tuesday, 28/06/2022 | 07:10 GMT
by
Arnab Shome
Retail FX
Aussie Court Sends CFDs Trader to Prison for Insider Trading
He made AU$343,000 from executing trades with insider information.
He pled guilty to the insider trading charges.
Monday, 20/06/2022 | 06:26 GMT
by
Arnab Shome
Retail FX
ASIC Charges ANZ Bank for Incorrect Fees and Misrepresentations
The bank ignored the issue and failed to implement a robust system.
The regulator is now seeking remediation for all the affected customers.
Monday, 30/05/2022 | 09:03 GMT
by
Arnab Shome
ADVERTISEMENT
Regulation
ASIC Wants to Extend Retail Binary Options Ban to October 2031
The existing ban on the retail sale of binary options will expire on 7 October 2022.
ASIC issued a consultation paper seeking feedback on the extension of the ban.
Thursday, 26/05/2022 | 06:37 GMT
by
Arnab Shome
Retail FX
Australian Securities & Investments Commission Bans Financial Adviser for 5 Years
Walter Yaolong Guan has been banned from providing financial services.
During the ban, Guan will not be able to control any entity that is involved in the financial services business.
Thursday, 19/05/2022 | 07:19 GMT
by
Bilal Jafar
Regulation
ASIC Confirms on Cybersecurity Controls by AFS Licensees
The confirmation came after a court ruling against an AFS license holder.
There is no specific cybersecurity measure on AFS license obligations.
Thursday, 12/05/2022 | 07:04 GMT
by
Arnab Shome
Retail FX
Forex CT Customers Lost at Least $54 Million, Yet to Be Compensated
The number of customers of the platform climbed to 11,174.
They did not receive any proceeds collected as a pecuniary penalty by ASIC.
Monday, 09/05/2022 | 05:52 GMT
by
Arnab Shome
ADVERTISEMENT
Analysis
How Is Aussie Retail FX Industry Reacting to Leverage Restrictions?
ASIC limits retail trading leverage at 30:1 for FX majors.
Australia is home to some of the largest retail brokers.
Friday, 29/04/2022 | 11:11 GMT
by
Arnab Shome
Institutional FX
ASIC Suspends AFS License of Dixon Advisory, Client Transition Ongoing
The company was put under administration in January.
It can still operate until May 9, 2022.
Tuesday, 19/04/2022 | 07:00 GMT
by
Arnab Shome
Institutional FX
Westpac Banking Corporation to Pay $1.5 Million Penalty
The Federal Court has imposed a penalty on Westpac for mis-selling consumer credit insurance.
The financial firm issued consumer credit insurance policies to 141 customers who did not request the product.
Thursday, 07/04/2022 | 08:33 GMT
by
Bilal Jafar
Regulation
ASIC Extends Leverage Restrictions on CFDs for Another Five Years
The restrictions will be in effect until 23 May 2027.
The decision came a year after the initial imposition of the restrictions.
Wednesday, 06/04/2022 | 05:38 GMT
by
Arnab Shome
ADVERTISEMENT
FinTech
ASIC Is Suing Macquarie Bank over Unauthorized Withdrawals
Transactions through the fees system by third parties were unmonitored.
Macquarie Bank's penalty by the court may be as high as $500 million.
Tuesday, 05/04/2022 | 07:29 GMT
by
Matti Williamson
Retail FX
ASIC Bans Former Adviser from Providing Financial Services
The authority has banned Mark Babbage for 10 years.
The order took effect on 11 March 2022.
Monday, 04/04/2022 | 07:30 GMT
by
Bilal Jafar
Op-ed
Retail FX
Op-ed
Reeling In the 'Finfluencers'
Influencers must hold an Australian financial services licence to provide a recommendation.
They should exercise caution when sharing links to financial products.
Monday, 28/03/2022 | 16:30 GMT
by
Yvonne Nehme
Regulation
ASIC Imposes $63M Civil Penalties in H2 2021 for Violations
The fines in the reported months were significantly higher than the previous six months.
It has prosecuted 99 individuals and companies for liable offenses.
Monday, 28/03/2022 | 09:02 GMT
by
Arnab Shome
ADVERTISEMENT
Retail FX
ASIC Warns against Scammers Impersonating Financial Firms
Scammers are reaching out to potential victims through emails, calls and messages.
They provide convincing documents to gain the trust of the potential victims.
Thursday, 24/03/2022 | 06:53 GMT
by
Arnab Shome
Thought Leaders
Kwakol Markets Secures Coveted ASIC License
Kwakol Markets has registered offices in the US, Hong Kong, Nigeria, and Australia.
Monday, 28/02/2022 | 08:45 GMT
by
Kwakol Markets
Retail FX
Analysis: Australia Has the Largest FX/CFD Market Per Capita in the World
The number of active retail CFD traders stays at 100,000 in Australia.
In 2021, the average Australian trader deposited more than $8,400 into their CFD account.
Tuesday, 15/02/2022 | 14:18 GMT
by
Damian Chmiel
CryptoCurrency
Vortex Brands Purchases Additional 8 S19j Pros Crypto Mining Machines
Vortex Brands has ordered additional crypto machines.
The company plans to expand its bitcoin mining operations.
Monday, 24/01/2022 | 17:47 GMT
by
Nicholas Otieno
ADVERTISEMENT
News
ASIC Selects 5 Regtech Firms to Solve Corporate Disclosure Challenges
These companies will be given grants to come up with a feasible solution.
The regulator will also work hand-in-hand with these companies.
Friday, 21/01/2022 | 07:01 GMT
by
Arnab Shome
News
ASIC Issues Warning about SMSFs and Crypto Investments
According to the authority, cryptocurrencies are speculative assets.
The commission urged Australians to consider risks before crypto investments.
Monday, 17/01/2022 | 08:57 GMT
by
Bilal Jafar
Brokers
Blueberry Markets Inks a Partnership Deal with Signal Centre
Signal Centre will provide daily content to the trading community of Blueberry Markets.
Blueberry Markets has more than 30,000 traders.
Friday, 07/01/2022 | 08:00 GMT
by
Bilal Jafar
News
ASIC Reveals Its Tactics to Bust Pump-and-Dump Groups
ASIC dropped a warning message on a Telegram pump-and-dump group in October.
Crypto and penny stocks manipulation schemes are running rampant.
Wednesday, 29/12/2021 | 09:02 GMT
by
Arnab Shome
ADVERTISEMENT
Retail FX
Futu Holdings Plans to Expand Presence in Australia
The company has successfully acquired an Australia-based subsidiary.
Futu aims to use the license to provide financial services in the region.
Monday, 20/12/2021 | 08:47 GMT
by
Bilal Jafar
Next
ADVERTISEMENT
!
"
#
$
%
&
'
(
)
*
+
,
-
.
/
0
1
2
3
4
5
6
7
8
9
:
;
<
=
>
?
@
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
[
\
]
^
_
`
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z
{
|
}
!
"
#
$
%
&
'
(
)
*
+
,
-
.
/
0
1
2
3
4
5
6
7
8
9
:
;
<
=
>
?
@
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
[
\
]
^
_
`
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z
{
|
}