Search Results for: Securities and Exchange Commission
Breaking: IQ Option Europe paid €450.000 for the settlement of possible violations
May 21st, 2019
The Cyprus Securities and Exchange Commission (“CySEC“) has issued today an announcement to inform that: CySEC, under article 37(4) of the Cyprus Securities and Exchange Commission Law of 2009, has the power to reach a settlement for any violation ...
iSignthis announced the appointment of a new board member to iSignthis eMoney
May 21st, 2019
Highlights Appoints new board member to iSignthis eMoney Ltd board Dr George Theocharides experience includes o CySec Board (Cypriot Securities sector regulator) o Bank of Cyprus & Centre for Blockchain technologies o Associate Professor at Cyprus International Institute of ...
Cyprus Investment Firm fined €170.000
May 3rd, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform the public that, the Board of the CySEC at its meeting held on the 2nd of April 2019, decided to impose an administrative fine to a ...
CySEC announced settlement of 200.000 euro with a Cyprus Investment Firm
March 27th, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued today an announcement to inform that reached a settlement with a Cyprus Investment Firm for possible violations of The Investment Services and Activities and Regulated Markets Law of 2017 – ...
U.S financial services firm pay penalty to settle failure
March 14th, 2019
The Securities and Exchange Commission (SEC) announced that Wedbush Securities Inc. will pay a $250,000 penalty and has agreed to be censured to settle its failure to supervise charge in a pending administrative proceeding. According to the SEC’s March ...
CySEC announced withdrawal of Cyprus Investment Firm authorisation
February 18th, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform that has decided to withdraw the authorisation Cyprus Investment Firm. In accordance the announcement, CySEC on its meeting of 11th February 2019, has decided, pursuant to section 8(1)(a) of ...
Founder of online gaming company charged for defrauding investors
February 11th, 2019
The Securities and Exchange Commission (SEC) charged Robert Alexander with fraudulently raising approximately $9 million from more than 50 individuals by selling investments in Kizzang LLC, a purported online gaming business. According to the SEC’s complaint, among other misrepresentations, Alexander ...
Ponzi Scheme ordered to pay $1 billion in penalties
January 30th, 2019
The Securities and Exchange Commission announced that a federal court in Florida ordered Woodbridge Group of Companies LLC and its former owner to pay $1 billion in penalties and disgorgement for operating a Ponzi scheme that targeted retail investors. ...
CySEC withdraw the license of a Cyprus online Forex provider
January 18th, 2019
The Cyprus Securities and Exchange Commission (‘CySEC’) has issued an announcement to inform investors and public that, on its meeting of 22nd October 2018, decided to wholly withdraw the Cyprus Investment Firm authorisation of PFX Financial Professionals Ltd (‘the ...
Alert: CySEC warns for BDSwiss clone firms
January 9th, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to inform investors that the websites capitalswissfx.com and expertfxtrade.com, do not belong to an entity which has been granted an authorization for the provision of investment services and/or the ...
