Australian Regulator Cancels Licence of China-Focused MT4 Broker Gallop
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Australian Regulator Cancels Licence of China-Focused MT4 Broker Gallop
The Australian Securities and Investments Commission (ASIC) today announced the cancellation of the Australian financial services licence (AFS) licence of Gallop International Group Pty Ltd, formerly known as Weather Pro Exchange Pty Ltd (ACN 147 664 551) (Gallop).
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ASIC said that it found that Gallop had repeatedly failed to comply with the conditions of its AFS licence or its obligations under financial services laws. The findings were related to late lodging of financial statements, audit reports, breach reports, notifications of change ... (read more)
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