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ASIC bans Forex Capital Trading director Shlomo Yoshai for 10 years after reports of ‘Wolf of Wall Street’ culture – ABC News

The director and former employees of an online foreign currency trader are handed lengthy bans by Australian authorities for their involvement in a culture former…

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The Australian Securities and Investments Commission has handed lengthy bans to the director and former employees of an online foreign currency trader, whose culture insiders likened to something out of The Wolf of Wall Street.
Key points:

  • ForexCT director and chief executive Shlomo Yoshai has been banned from offering financial services for 10 years
  • Four former employees have been banned for between three and six years
  • Forex trading is a highly complex and risky form of investing which experts say…

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