Breaking: CySEC Suspends CIF Licenses for Capital Option, SkyFX
Posted: Sun Feb 14, 2016 12:38 pm
Trademarker Ltd, the operating entity behind Capital Option and SkyFX, has had its Cyprus Investment Firm (CIF) license suspended by the Cyprus Securities and Exchange Commission (CySEC), following alleged violations and non-compliance measures, according to a recent regulatory filing.
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Trademarker is the brand that oversees SkyFX and binary options site Capital Option. In particular, SkyFX has had a brush with Cypriot regulatory authorities recently, being fined over $22,000 by CySEC back in May for improperly outsourcing segments of its operations and activities to Israel.
SkyFX is owned by read more)