Dragon Options and Tao Trade Renounce CySEC License, Get Term to Repay

[kreslik.news]

The Cyprus Securities and Exchange Commission (CySEC) has announced that the company operating Dragon Options and Tao Trade, Dragon Options Ltd, has renounced its license. The decision of the firm comes a bit over three years after it announced its registration with the Cypriot regulator.

According to the official communique from CySEC, the firm is no longer authorized from the 6th of November 2017. The company has three months to settle its obligations to clients from this date.

The regulator outlines in its announcement that it is continuing to supervise the entity until the obligations of the brokerages are settled.

[size=160]Three Years of ... (read more)