The Australian Securities & Investments Commission (ASIC) continues to tighten its grip over the retail FX sector, the regulator has earlier today announced that it has appeared before the Federal Court in Melbourne as part of its action to protect investor funds in OTC derivatives issuer, Forex Capital Trading Pty Ltd, while an ASIC investigation is underway. The website of Forex Capital Trading Pty Ltd, operating as ForexCT, claims the company is “the number one choice of margin Forex and CFD traders around the world”. On March 12, 2019, ASIC obtained ex parte interim orders in the Federal Court against Forex ... (full story)