CySEC Suspends License of Pegase Capital Ltd, Has One Month to Comply

[kreslik.news]

Following a decision that the regulator made at the end of last month, today the Cyprus Securities and Exchange Commission (CySEC) has announced that it suspended the Cypriot Investment Firm (CIF) license for Pegase Capital Ltd. and gave it one month to comply.

This follows after the regulator had slammed Pegase with a 300,000 euro fine, a figure that is becoming more common for recent enforcement actions from CySEC.

Pegase Capital operates several brands under its now-suspended CIF license, including HelloBrokers, Interactive Option, and MTX Plus, through which it provided Forex, CFD and Binary Options trading across these brands.

[size=180]One Month ... (read more)