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Acm Police Raid In Fraud Probe

http://www.swisster.ch/en/news/business/po...obe_116-1451105

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Acm Police Raid In Fraud Probe

QUOTE A squad of 28 police officers raid the downtown Geneva offices of currency trading company ACM and seize documents, a computer and other evidence in a suspected financial fraud case. Swisster discovers the unprecedented affair, being directed by an inspector and detective for the cantonal force’s financial fraud brigade, may take weeks to unravel and has involved the questioning of top officials from the company, who are refusing to comment.Read : http://www.swisster.ch/en/news/business/po...obe_116-1451105

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Since few months, to be a forex broker in Switzerland you must acquire a bank licence. It's a long and difficult road to become a bank in Switzerland.ACM has decided to bypass it by becoming a member of the NFAQUOTE Headquartered in New York City, ACM USA is proud to announce our NFA membership as of June 23rd, 2008 (NFA ID# 0388715). As a lea

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Strong Equities Drag U.S. Dollar Lower Ahead of North American Close

The U.S. dollar started out strong, but is ending the day weaker across the board as equities prepare to close in positive territory for the third straight day.It has been a volatile day in FX markets as the Swiss National Bank announced that it would intervene in currency markets to depreciate its currency. While currency markets reacted to the central bank news, they shrugged off better-than-expected U.S. retail sales and another increase in U.S. weekly jobless claims.

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Acm Police Raid In Fraud Probe

http://www.swisster.ch/en/news/business/po...obe_116-1451105

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