LeapRate Exclusive... The drama of the past week at FXCM continues... While it has not been announced yet by either the company or the US regulator, LeapRate has learned from court documents that FXCM has agreed to pay a $650,000 fine in settlement of charges that it was undercapitalized, and slow to report its capital position, in the wake of the January 15, 2015 spike in the value of the Swiss Franc.
And, FXCM CEO Drew Niv and FXCM PRO head Brandon Mulvihill have withdrawn from the board of the company's FCA regulated UK subsidiary.
Is something more going on here behind the scenes?
Get all the details, exclusively now at LeapRate.
And, FXCM CEO Drew Niv and FXCM PRO head Brandon Mulvihill have withdrawn from the board of the company's FCA regulated UK subsidiary.
Is something more going on here behind the scenes?
Get all the details, exclusively now at LeapRate.