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Regulatory

ASIC secures record $300m penalty over 'egregious' CFD misconduct

The Federal Court has imposed record penalties totalling more than $300 million against collapsed contracts for difference (CFD) issuer Union Standard International Group and two of its former authorised representatives.

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Read more: CFDEuropeFXTradeFredFederal CourtUnion Standard International GroupJustice Michael WigneyBrightAU CapitalMaxi EFX GlobalSarah Court