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CySEC Extends Suspension of Buzztrade, CFD Royal, Investing Area, Uptrade7

Posted: Thu Jul 28, 2016 12:33 pm
by kreslik.news

Following a previous announcement by the Cyprus Securities and Exchange Commission (CySEC), the Cypriot financial watchdog has issued a further statement today announcing that the authorisation of the Cyprus Investment Firm (CIF) AirFinance Pro Ltd will continue to be suspended until 16th September, 2016.

Suspension extended

As reported by Finance Magnates in June 2016, AirFinance Pro Ltd, formerly known as YTF Trade Ltd, has been the operator behind a number of binary options brands including Buzztrade, CFD Royal, Investing Area and Uptrade7.

The licence of the company was suspended on that date on the grounds of possible non-compliance with the ... (read more)