A previously announced meeting between Demetra Kalogerou, Chairwoman of the Cyprus Securities and Exchange Commission (CySEC), and a consortium of brokerage executives is underway. However, the early indications of the meeting suggest a heightened level of friction between the regulator and industry brokers.
A routine meeting featuring 400 participants took a hostile twist today after the Ms. Kalogerou reportedly took a cursory tone with brokers, showing signs of wearing patience. According to sources in the meeting, Ms. Kalogerou expressed her discontent, saying: “You need to be ashamed of yourselves.”
You need to be ashamed of yourselves
The meeting was originally called in ... ([url=http://www.financemagnates.com/forex/brokers/exclusive-cysec-head-slaps-industry-leaders-ashamed/]read more)