French Regulator AMF Fines IG Markets Limited €500,000

[kreslik.news]

The Autorité des marchés financiers(AMF) announced sanctions against IG Market Limited (a subsidiary of IG Group Holdings PLC, the parent company of the IG Group) which included a fine of EUR 500,000 on Monday.

The sanctions against IG are the result of an investigation which the AMF began on June 22, 2015, after it decided to review the company’s compliance with its professional obligations in its French branch.

The IG group is one of the biggest FX and stockbrokers in the world and the AMF has identified that its French branch gave misleading information about ... (read more)