Israeli Broker USG Capital Appointed Liquidator by Court
Posted: Sat May 07, 2016 11:52 am
When the Israel Securities Authorities (ISA) got a mandate from legislators to regulate the online forex trading industry in Israel, most hoped that it would bring order to the market and create a safer environment for traders and firms alike. However, some feared that the ISA would use its new powers to regulate brokers out of existence, and it now seems that these fears were not without basis.
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The district court in Tel Aviv has just issued an order to appoint ... (read more)