Bdswiss Holding Settles with CySEC for €150K After Suspected Breach of Conduct
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Bdswiss Holding Settles with CySEC for €150K After Suspected Breach of Conduct
Forex and binary options brokerage Bdswiss Holding Plc has reached a settlement with the Cyprus Securities and Exchange Commission (CySEC), following allegations of violations related to the group’s business conduct, according to a regulatory filing.
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As a Cyprus Investment Firm (CIF), Bdswiss Holding was flagged by the regulator, following suspicions that the group was undergoing improper conduct of business obligations related to its investment services to clients. CySEC cited Article 37(4), under which the group pursued action in the form of ... (read more)
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