AGM Markets Pty Ltd
SR Group are looking into AGM Markets Pty Ltd and the potential of undertaking recovery actions on behalf of affected investors.
If you are a current or former investor in AGM Markets, OT Markets or Ozifin Tech we would like to hear from you. Please contact us using the form below to arrange a cost and obligation free discussion of your circumstances and the actions that may be available to you.
Background
In November 2018, ASIC cancelled the Australian financial services (AFS) licence of the retail OTC derivative issuer, AGM Markets Pty Ltd and have frozen the assets and bank accounts of AGM and its two former representatives OT Markets Pty Ltd and Ozifin Tech Pty Ltd.
ASIC found AGM:
Getting Help
If you are a current or former investor in AGM Markets and are concerned about your investment, please contact us to discuss your options. SR Group can help you determine if and whether you have a potential claim on a cost and obligation free basis, as well as your options in pursuing a potential claim.
Similarly, if you received financial advice to invest in AGM Markets, from any party, we would like to speak to you. Please contact us using the below form to arrange a free discussion of your circumstances and the actions that may be available to you.
If you are a current or former investor in AGM Markets, OT Markets or Ozifin Tech we would like to hear from you. Please contact us using the form below to arrange a cost and obligation free discussion of your circumstances and the actions that may be available to you.
Background
In November 2018, ASIC cancelled the Australian financial services (AFS) licence of the retail OTC derivative issuer, AGM Markets Pty Ltd and have frozen the assets and bank accounts of AGM and its two former representatives OT Markets Pty Ltd and Ozifin Tech Pty Ltd.
ASIC found AGM:
- provided financial product advice about securities and superannuation interests when it did not hold a licence to do so;
- engaged in conduct by making representations to clients that were misleading or deceptive or was likely to mislead or deceive;
- did not have available adequate human resources to carry out supervisory arrangements and demonstrated a poor attitude and commitment to its, and its representatives, compliance with financial services laws;
- engaged in conduct that was unconscionable;
- did not have in place adequate arrangements for the management of conflicts of interests;
- did not do all things necessary to ensure that the financial services covered by the licence were provided efficiently and fairly;
- does not understand the scope of s911A; and
- has not acknowledged critical non-compliance.
Getting Help
If you are a current or former investor in AGM Markets and are concerned about your investment, please contact us to discuss your options. SR Group can help you determine if and whether you have a potential claim on a cost and obligation free basis, as well as your options in pursuing a potential claim.
Similarly, if you received financial advice to invest in AGM Markets, from any party, we would like to speak to you. Please contact us using the below form to arrange a free discussion of your circumstances and the actions that may be available to you.