CFD Forum compliance plan compliance documents
Dear Australian Competition and Consumer Commission,
I am requesting documents related CMC Markets Asia Pacific Pty Ltd, GFT Global Markets UK Limited, IG Markets Limited, Australian CFD Forum Limited and
parties otherwise listed in Schedule 1 made December 2013.
In the submission a compliance plan was being developed by Ms.
Jan Redfern PSM, former senior executive of ASIC and currently part time Senior Member of the Administrative Appeals Tribunal and the Guardianship Tribunal and independent governance and regulatory compliance consultant, to assist them in relation to a proposal to establish a CFD industry body and best practice standards for the Australian CFD industry.
Please provide documents about industry best practices and compliance plans created by Jan Redfern.
Additionally documents about Trio Capital and fraud and the need John Hempton to Treasury to use only arrangements like Citco as custodian of client assets and strongly critical of the typical brokerage and clearing arrangements used by typical Hedge Funds.
Yours faithfully,
Compliance Associate
Yours faithfully,
Compliance Associate
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OFFICIAL
Dear Compliance associate,
Please find the attached for your consideration.
Kind regards,
Jason Lott
FOI Officer | Corporate Law Unit | Specialist Advice and Services Division
(SASD)
Australian Competition & Consumer Commission
23 Marcus Clarke Street, Canberra ACT 2601
GPO Box 3131, Canberra ACT 2601
T 02 6243 1244
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OFFICIAL
Dear Compliance associate,
Please find the attached for your consideration.
Kind regards,
Jason Lott
FOI Officer | Corporate Law Unit | Specialist Advice and Services Division
(SASD)
Australian Competition & Consumer Commission
23 Marcus Clarke Street, Canberra ACT 2601
GPO Box 3131, Canberra ACT 2601
T 02 6243 1244
[1]accc.gov.au
[2]ACCC Logo
The ACCC acknowledges the traditional owners and custodians of Country
throughout Australia and recognises their continuing connection to the
land, sea and community. We pay our respects to them and their cultures;
and to their Elders past, present and future.
---
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Dear FOI,
Please confirm that your refusal due to 'no documents found' includes cfd forum's requirements of member firms to safeguard customer monies. And when member firms may be excluded from 'retail' safeguards.
The cfd forum application mentioned services provided by Jan Redfern Sector Seven so all documents which describe risk controls of member firms to safeguard customer funds as well as exceptions afforded customers who may be considered 'wholesale' or sophisticated.
Yours sincerely,
Compliance Associate
OFFICIAL
Dear Compliance Associate,
I refer to your FOI request dated 22 June 2024, my decision dated 22 July
2024 and your subsequent correspondence dated 22 July 2024.
My decision dated 22 July 2024 related to your request for documents
insofar as it was set out in your request dated 22 June 2024. I note you
did not modify the request dated 22 June 2024.
As outlined in my letter, the relevant ACCC branch also provided
additional information which you may find useful.
It appears that you may be seeking access to other documents. If so, you
will need to submit a new FOI request to the ACCC.
Kind regards,
Rebecca Fenech (She/Her)
FOI Manager | Corporate Law Unit | Specialist Advice and Services Division
(SASD)
Australian Competition & Consumer Commission
Ngunnawal Country
23 Marcus Clarke Street, Canberra ACT 2601
GPO Box 3131, Canberra ACT 2601
T 02 6243 1244
Hours I do not work on Wednesdays
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The ACCC acknowledges the traditional owners and custodians of Country
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land, sea and community. We pay our respects to them and their cultures;
and to their Elders past, present and future.
-----Original Message-----
From: Compliance Associate <[FOI #11551 email]>
Sent: Monday, July 22, 2024 3:40 PM
To: FOI <[email address]>
Subject: Re: FOI request (PRJ1007380) - Withdrawal & s24(A) refusal (no
documents) [SEC=OFFICIAL]
CAUTION: This email originated from outside of the organisation. Do not
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Dear FOI,
Please confirm that your refusal due to 'no documents found' includes cfd
forum's requirements of member firms to safeguard customer monies. And
when member firms may be excluded from 'retail' safeguards.
The cfd forum application mentioned services provided by Jan Redfern
Sector Seven so all documents which describe risk controls of member firms
to safeguard customer funds as well as exceptions afforded customers who
may be considered 'wholesale' or sophisticated.
Yours sincerely,
Compliance Associate
-----Original Message-----
OFFICIAL
Dear Compliance associate,
Please find the attached for your consideration.
Kind regards,
Jason Lott
FOI Officer | Corporate Law Unit | Specialist Advice and Services Division
(SASD)
Australian Competition & Consumer Commission
23 Marcus Clarke Street, Canberra ACT 2601
GPO Box 3131, Canberra ACT 2601
T 02 6243 1244
[1]accc.gov.au
[2]ACCC Logo
The ACCC acknowledges the traditional owners and custodians of Country
throughout Australia and recognises their continuing connection to the
land, sea and community. We pay our respects to them and their cultures;
and to their Elders past, present and future.
---
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Dear Australian Competition and Consumer Commission,
Please pass this on to the person who conducts Freedom of Information reviews.
I am writing to request an internal review of Australian Competition and Consumer Commission's handling of my FOI request 'CFD Forum compliance plan compliance documents'.
The CFD Forum was created to promote interests of it's members, and in their application to the ACCC listed Jan Redfern and her experience as enforcement director off ASIC, as a senior member of Australia's Administrative Appeals Tribunal and principal of compliance consulting firms AllyGroup and Sector Seven.
Her role as owner/ principal of Sector Seven and the above mentioned roles within Australia's regulatory bodies both private and public were listed. This would naturally give the general public an assurance that the compliance plan being created would provide benefits for Australian consumers so that their funds would not be at risk of loss due to fraud like those experienced by Trio Capital, which as Senior AAT member Ms Redfern was the judge for two matters. (ASIC vs Ross Tarrant & ASIC vs. Eugene Liu)
In 2011 - 2014 various documents were provided to ASIC, APRA, ATO, ACCC and AFP about the serious risks of complex derivative products.
Among these documents was then ASIC chairman Greg Medcraft's US FINRA U4 while he was employed at Soc Gen which listed Maxie Partners, a hedge fund managed by Howard Winnell as an Outside Business Activity (OBA)
Multiple documents about Fimat, Newedge, Atlantis Capital and Paradigm (owned by then senator Biden's family) and "custody" as emphasized by then Australian Treasury Secretary Ken Henry.
Due to the sensitive nature of the above I would be happy to discuss offline.
A full history of my FOI request and all correspondence is available on the Internet at this address: https://www.righttoknow.org.au/request/c...
Yours faithfully,
Compliance Associate
OFFICIAL
Dear Compliance Associate,
We acknowledge receipt of your email dated 14 August 2024 in which you
request an internal review of our freedom of information decision made on
22 July 2024.
You indicated in your internal review request that you would be happy to
discuss your request further. We consider it would be beneficial to
discuss and have the following times available this week. Can you please
let me know if there is a particular time that would suit you and provide
your best contact phone number?
Tuesday, 20 August
Between 10am and 11.30am (AEST)
Thursday, 22 August
Between 10am and 1pm (AEST)
Friday, 23 August
Between 11am and 2pm (AEST)
Regards,
Sonya Petreski (She/Her)
FOI Officer | Corporate Law Unit | Specialist Advice and Services Division
(SASD)
Australian Competition & Consumer Commission
Ngunnawal Country
23 Marcus Clarke Street, Canberra ACT 2601
GPO Box 3131, Canberra ACT 2601
T 02 6243 1244
Hours I Monday to Friday
[1]accc.gov.au
[2]ACCC Logo
The ACCC acknowledges the traditional owners and custodians of Country
throughout Australia and recognises their continuing connection to the
land, sea and community. We pay our respects to them and their cultures;
and to their Elders past, present and future.
---
IMPORTANT: This email from the Australian Competition and Consumer
Commission (ACCC), and any attachments to it, may contain information that
is confidential and may also be the subject of legal, professional or
other privilege. If you are not the intended recipient, you must not
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on, any material contained within this email. If you have received this
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OFFICIAL
Dear Compliance associate,
Please find the attached for your consideration.
Kind regards,
Sonya Petreski (She/Her)
FOI Officer | Corporate Law Unit | Specialist Advice and Services Division
(SASD)
Australian Competition & Consumer Commission
Ngunnawal Country
23 Marcus Clarke Street, Canberra ACT 2601
GPO Box 3131, Canberra ACT 2601
T 02 6243 1244
Hours I Monday to Friday
[1]accc.gov.au
[2]ACCC Logo
The ACCC acknowledges the traditional owners and custodians of Country
throughout Australia and recognises their continuing connection to the
land, sea and community. We pay our respects to them and their cultures;
and to their Elders past, present and future.
---
IMPORTANT: This email from the Australian Competition and Consumer
Commission (ACCC), and any attachments to it, may contain information that
is confidential and may also be the subject of legal, professional or
other privilege. If you are not the intended recipient, you must not
review, copy, disseminate, disclose to others or take action in reliance
on, any material contained within this email. If you have received this
email in error, please let the ACCC know by reply email to the sender
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system. For the purposes of the Spam Act 2003, this email is authorised by
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