Senior Politician Questions CySEC over IronFX Debacle

[kreslik.news]

Why wasn’t IronFX’s license suspended? This appears to be the angle highlighted by a senior member of Cyprus’ party AKEL, General secretary Andros Kyprianou, after he announced that a letter has been sent to Mrs. Dimitra Kalogerou, Chairman of the Cyprus Securities and Exchange Commission (CySEC), after reports on electronic media surfaced – including allegations of violations of relevant laws and regulations – against the Cypriot Investment Firm (CIF) IronFX Global Ltd., according to a press release issued by the party yesterday.

Cyprus has attracted significant investment in recent years with regard to online brokerage operators and in particular foreign exchange ... (read more)