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ASIC suspends Australia AFS license of FX education site Traders4Traders
Australia financial regulator ASIC has suspended the Australian financial services (AFS) license of Sydney-based Traders4Traders Pty Ltd for failing to comply with a number of key obligations as a financial services licensee. Traders4Traders operates the traders4traders.com.au website, providing training and education services for FX traders. It is headed by Founder and Managing Partner Brad Gilbert. In particular, ASIC found that Traders4Traders: failed to lodge financial statements, auditor reports and auditor opinions over consecutive years, and failed to advise ASIC in writing, within 10 business days, of ... (full story)
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