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United States
2013 (13 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know LM Investments Trust
Company Information
Get to know LM Investments Trust
LM Investment Management Ltd was a Gold Coast, Australia-based fund management company founded by Peter Drake. It specialized in managing investment funds, most notably the flagship LM Managed Performance Fund, which invested heavily in property development finance and mortgages. At its peak, the company managed over AUD $3 billion in assets for thousands of investors, both domestic and international. The company faced severe financial difficulties following the global financial crisis and collapsed in March 2013, entering voluntary administration and then liquidation, which resulted in the freezing of hundreds of millions of dollars in funds and substantial losses for its investors.
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