Plaintiff Vantalie Nguyen, represented by Levi & Korsinsky, LLP, targets seven defendants, including FXCM Inc and Effex Capital.
Global Brokerage Inc (NASDAQ:GLBR)
Four class action lawsuits against FXCM Inc gather pace at the New York Southern District Court.
Dror Niv abandons Director role at the company that has significant control over Lucid Markets Trading Limited.
Global Brokerage Inc (FXCM Inc) faces securities fraud accusations.
Restructuring is on its way at FXCM.
FXCM. Four letters, very large company. Massive controversy. We discuss why the high profile demise of one of the world’s most highly respected FX firms will likely be used as a tool for lobbying
Although the US regulators did not punish all of FXCM’s principals, the ban on the broker has affected at least a dozen of individuals, including Robert Lande and Eduard Yusupov.
How “fast” is ASIC when it comes to updating its regulatory data?
The NFA database shows that Drew Niv and William Ahdout have No Current Status, effective today.
Regulatory mood swings leave FXCM Markets unscathed.
The website features no mention of Forex Capital Markets LLC either.
“It’s not my burden to put in evidence that regulators sat by idly,” FXCM attorney says.
In a brief SEC filing, Global Brokerage Inc says FXCM LLC completed the disposition of “substantially all of its United States-domiciled customer accounts”.
To secure a smooth transfer, Forex.com has added TradingView charts, extended its Active Trader program to MT4 customers and provided access to third-party services like NinjaTrader.