1. With the apparent blatant violation of the sacrosanct rule of strict segregation of customers accounts and the consequent loss of what now appears a billion plus Dollars at MFG, could similar crimes be committed in Australia with customers accounts moneys?
Cardano the above has already happened here with sonray .
I don't know where u get that segregated accts are sacrosanct . Many cfd providers approved by ASIC have clauses in them that allow the funds to be withdrawn by the provider and used in their business .
Share ownership seems much better though but I note that many asx approved brokers now deal in over the counter cfd's as well . COULD they possibly mingle funds ? lol maybe not legally but but but .
Seek out what happened with tri continental when they fell over .
cheers
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