The National Commission for Companies and the Stock Exchange (Commissione Nazionale per le Società e la Borsa - CONSOB) has prohibited: under the terms of article 99, paragraph 1, letter d), of the Consolidated Law on Finance - CLF, the offering to the public resident in Italy regarding investments of a financial nature carried out…
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Financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) just published a warning against GMoption, LinkGM Limited and BT Systems Ltd. These companies are not authorised to provide investment services or carry out activities in Italy in any way and, including through the website www.gmoption.com. The Commissione Nazionale per le Società e…
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Italy’s financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) has published a communication for investor protection on the risks associated with new highly-speculative, risky and complex forms of financial investment such as contracts for difference (CFDs), rolling spot forex and binary options which, over the last few years, have spread more…
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Italy’s financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) has issued a public warning against new forex brokers. CONSOB reported that: the companies Dc Digital Processing 2 Ltd and Green Galaxy International SA, operating through the website www.optionbit-it.com, are not authorised to provide investment services and business in Italy in any…
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It was announced this week that Italy’s financial regulator (CONSOB) has established a new body called the Arbitration for Financial Disputes and disputes up to €500k can now be submitted to it, and all submitted disputes will aim to be resolved within 6 months. The new body has been established to create a fast and…
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Italy’s financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) has issued a public warning against new forex brokers. CONSOB has suspended for a period of 90 days, under the terms of art. 99, paragraph 1, lett. b), of the Consolidated Law on Finance - CLF, the offering to the public resident…
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Italy’s financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) has issued a public warning against three new forex brokers. The names can be seen below: Recyclix Sp. Z.o.o. Pel Ltd e Kakao Ltd Lm Swiss Group Ltd The Italian regulator noted that has adopted a measure prohibiting the offering to the…
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The Malta Financial Services Authority (MFSA) has become aware of the website https://www.tradingbanks.com/ which is falsely stating that tradingbanks is licensed by the MFSA. The MFSA alerts the public, in Malta and abroad, to refrain from undertaking any business or transactions with the above-mentioned entity. Many other regulators have already warned on tradingbanks, including South Africa’s…
Read moreItaly’s financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) has issued a public warning against Forex firm FXGlory Ltd. The company is offering its services via www.fxglory.com. The Italian regulator notes that FXGlory Ltd is not authorized to offer investment services in Italy in any way, including via the above-mentioned website. Italy’s CONSOB…
Read moreThe European Securities and Markets Authority (ESMA) has issued an opinion agreeing to extending an emergency short selling prohibition, for a period of 90 calendar days, by the Commissione Nazionale per le Società e la Borsa (CONSOB) on net short positions in Banca Monte dei Pascha di Siena spa (BMPS) shares under the Short Selling…
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