Fine

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

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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

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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

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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

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