Cyprus Watchdog Unsuspends the Licenses of Leadtrade and TTCM
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Cyprus Watchdog Unsuspends the Licenses of Leadtrade and TTCM
The Cyprus Securities and Exchange Commission (CySEC) has announced that it has decided to withdraw the suspension of the authorisation of the Cyprus Investment Firm (CIF) from two companies.
The Cypriot financial regulator says that both Leadtrade Ltd and TTCM Traders Trust Capital Markets Ltd have complied with the provisions of the law regarding ‘Own’ funds and ‘Capital adequacy ratio’.
CySEC has been very active recently, suspending many CIF licenses of entities that don’t follow its mandatory guidelines. Just last Friday it informed the public that it handed down a suspension of licenses to several forex and binary options ... (read more)
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