Posts Tagged ‘Sonray’

Australia, CFD providers ‘need to do more’: ASIC

July 13, 2010Andy No Comments »

The Australian Securities and Investments Commission (ASIC) has warned that that the derivative product contracts for difference (CFD) will face tougher regulations unless they voluntarily introduce firmer measures to protect retail investors.

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Australia, Broker Sonray Capital Markets goes into Administration

June 23, 2010Andy No Comments »

Broker Sonray Capital Markets has collapsed in Australia, resulting in the seizure and freezing of about 3000 client accounts who have their money tied up in a pooled account.

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