Fine

UBFS gets charged by CySEC

Reason: Non Compliance paragraph 9(1)Date: 28/07/2017Amount: 10,000Link: http://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=bd60fdb0-9878-46e0-85da-0d49ae8a53dc

Read More »

Mr Emmanuel Ayoun has been charged with €10,000

Reason: Non compliance with section 139(2)Date: 27/07/2017Amount: 10,000Link: http://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=8507d379-1cb0-490f-81f5-3e4582b264ac

Read More »

Damian Clarke, inside dealer has been charged with £350,000 by the FCA and Her Honour Judge Korner CMG QC

Reason: Inside DealerComment: If Mr Damian Clarke does not proceed to the payment within 3 months, he will be charges with 3 years in prison.Date: 24/07/2017Amount: 350,000Link: https://www.fca.org.uk/news/press-releases/confiscation-order-against-convicted-insider-dealer

Read More »

Commex FC charged with penalty by CySEC

Reason: Revocation of administrative sanctionsDate: 17/07/2017Amount: 50,000Link: http://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=7df913a0-7ec5-4a17-9fd4-04c54dba21a5

Read More »

Falcon Brokers Ltd fined €195,000 by the Cyprus Securities and Exchange Commission

Reason: Not complied with paragraph 9(1) of CySEC Directive DI144-2007-01 of 2012 for the Authorisation and Operating Conditions of CIF’sDate: 10/07/2017Amount: 195,000Link: http://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=b0b480ab-1180-457a-8961-5aaf03b65ed0

Read More »

Option Financial LLC fined $10,000 by the NFA

Reason: Optional Financial LLC failed to calculate firm’s capitalDate: 04/04/2017Amount: 10,000.00Link: https://www.nfa.futures.org/basicnet/Case.aspx?entityid=0407166&case=17BCC00003&contrib=NFA

Read More »