Search Results for: securities and exchange commission
Cyprus Investment Firm renounced its CIF authorisation
May 26th, 2016
CySec has issued an announcement to inform that on 13th May 2016, the CIF Pegase Capital Ltd , which provided investment services via the domains www.interactiveoption.com, www.interactive-option.com, www.hellobrokers.com, www.mtxplus.com, www.pegasecapital.com, renounced its authorization pursuant to section 24(1)(b) of the Investment ...
CySec informs: the licence of a Cyprus Investment Firm continue to be suspended
May 26th, 2016
Following previous announcements dated April 7 and May 12, the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform on its decision in the meeting dated May 16 for Continuance of Suspension of CIF licence of ...
Ethereum, explained: why Bitcoin’s stranger cousin is now worth $1 billion
May 25th, 2016
Bitcoin has struggled to live up to the hype that surrounded its emergence into the mainstream three years ago. Despite more than a billion dollars of venture capital funding, Bitcoin startups have failed to develop applications that appeal to mainstream customers. ...
Two Individuals Share Whistleblower Award of More Than $450,000
May 23rd, 2016
The Securities and Exchange Commission today announced it will jointly award more than $450,000 to two individuals for a tip that led the agency to open a corporate accounting investigation and for their assistance once the investigation was underway. ...
ECommPay: Regulations of FOREX industry
May 18th, 2016
Forex (FX) regulation is crucial to both security and mutual trust between traders and operators. Companies operating from jurisdictions lacking in regulatory supervision are able to do so in an unfair and illegal manner without facing serious repercussions. Moreover, ...
CySec is asking CIFs to close monitor the risks they are exposed in a possible Brexit
May 17th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform Cyprus Investment Firms in relation with monitoring of risks due to a possible Brexit. CySec informs that in case of a possible exit of the UK, ...
Whistleblower Earns $3.5 Million Award for Bolstering Ongoing Investigation
May 17th, 2016
The Securities and Exchange Commission today announced a whistleblower award of more than $3.5 million to a company employee whose tip bolstered an ongoing investigation with additional evidence of wrongdoing that strengthened the SEC’s case. The SEC noted that ...
CySec: ACFX Forex Broker’s license continues to be suspended
May 12th, 2016
Following previous announcement dated 7 April 2016, the Cyprus Securities and Exchange Commission, following a decision at the meeting dated 9 May 2016, announces that the authorisation of the Cyprus Investment Firm ‘Atlas Capital Financial Services Ltd’ (‘the Company’), with number 085/07, ...
A new CIF license announced by CySec
May 10th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “Lydya Financial Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally ...
CySec announced the license for a new Cyprus Investment Firm
May 6th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “Magic Compass Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally ...
