BRI Ferrier Denies Role in Shutting USG Global’s Bank Accounts The liquidator earlier said the broker’s shareholders are causing trouble with its investigation.
USGFX Assets in Puerto Rico Frozen on Liquidator Request USGFX accused BRI of abusing their power after they instructed First Bank in Puerto Rico to freeze accounts of ...
Court Justifies USGFX Liquidator’s Move of Not Closing Open Positions The liquidator did not receive co-operation from the shareholders of the broker.
USGFX Vanuatu Faces Troubles in Refunding Aussie Clients The brokerage is now planning to issue a full refund by March.
USGFX Owner Hien Min Soe Parts from New London Headquarters The administrator blamed him for the company’s troubles.
ASIC Cancels AFS Licence of USGFX after Entering Liquidation ASIC cancelled the FX broker’s licence on the 14th of September 2020.
USG UK Confirms Group Headquarters Will Be Moved to London The headquarters will be moved following the demise of USGFX in Australia.
Court Orders USGFX Enter Liquidation, BRI Ferrier Remains as Liquidators USGFX applied to the Federal Court of Australia to have an alternate liquidator appointed to the broker.
USGFX to Enter Liquidation as Shareholders Remain Unhelpful The external administrator earlier raised concerns over the broker’s financials.
USGFX Administrators Have Real Concerns Over True Financial Position The amount of creditor claims far surpasses what was disclosed in USGFX’s financial records.
USGFX Administrators BRI Ferrier Extend Convening Period The administrators have been granted an order allowing the extension of the convening period until 18 September.
Following USGFX Administration, USG Moves Headquarters to London The Board of USG has also confirmed the resignation of USGFX’s CEO, Shay Zakhaim.
ASIC Suspends AFS Licence of USGFX After Voluntary Administration The AFSL of USGFX has been suspended under section 915B of the Corporations Act 2001.
USGFX CEO Shay Zakhaim Steps Down as BRI Ferrier Took Over He was in the apex position of the company for almost 6 years.
Breaking: USGFX Enters into Voluntary Administration BRI Ferrier has been appointed as the administrator.
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ACY Securities Names Justin Pooni Head of Marketing & Comms Pooni brings more than a decade of experience to the Australian-based broker.
FX Broker USG Sponsors Premier League Sheffield United FC The broker will be supporting the club as it makes its return to the Premier League for the upcoming ...
USG Liquidator Petitions for Former Executives to Pay Back Remaining Debts The company owners face foreclosures on their properties
USGFX CEO Talks Recent Hostage Crisis in China, ASIC Regulations Shay Zakhaim gives his take and timeline on an unprecedented situation in the FX industry.