An Australian court has ruled against a forex trader, finding their conduct unconscionable in relation to misleading trading practices and market manipulation. The landmark decision by the Federal Court underscores the ongoing regulatory crackdown on unethical behavior in financial markets. The case, brought forward by the Australian Securities and Investments Commission (ASIC), alleged that the
South African Banks’ Forex Revenues Under Scrutiny South Africa’s major banks are facing heightened regulatory scrutiny over their foreign exchange (forex) trading revenues, as authorities investigate potential misconduct and market manipulation. The Financial Sector Conduct Authority (FSCA) has launched a probe into whether banks engaged in anti-competitive behavior or failed to maintain transparency in forex
In an unexpected and alarming move, Binance, one of the largest and most influential cryptocurrency exchanges in the world, has found itself at the center of a high-stakes legal storm. French authorities have initiated a significant fraud investigation against the exchange, accusing it of serious violations of the country’s strict financial regulations. This comes as