September 02, 2015 BY LeapRate Staff

CySEC warns against redirecting traffic to non-regulated websites

Cyprus regulator CySEC is turning up the heat somewhat on online businesses it licenses (read: Forex and Binary brokerages). New directives issued by the Cypriot financial regulator take aim at the practice of regulated brokers holding CIF licenses redirecting new-client traffic to the websites of non-regulated entities. This somewhat common practice in the Forex industry allows brokers…

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