After having had its CySEC CIF license first suspended in March for one month, with the suspension later extended in April, LeapRate has learned that Pegase Capital Ltd has now renounced its authorization and thus relinquished its CIF license, effective May 13, 2016. Pegase is the parent company operating binary options brokerage brands Interactive Option, HelloBrokers,…
Read moreRussia’s Commission for the regulation of relations in the financial market (KROUFR) keeps updating its “Black List” of companies that exhibit characteristics of investment scams. The latest addition to the “Black List” is Interactive Option, a binary options firm registered in Cyprus. KROUFR has received numerous complaints from clients of Interactive Option regarding unfair practices concerning…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) has just announced an extension to the suspension of the Cyprus investment firm (CIF) license of Pegase Capital Limited, which owns brands like Interactive Option. The regulator initially suspended Pegase Capital's license on March 4, 2016, referring to numerous numerous violations of Cypriot investment laws. In November last year,…
Read moreThe British Columbia Securities Commission (BCSC) has added its voice to the chorus of concerns regarding Cyprus-registered binary options broker Interactive Option. On Wednesday, the British Columbia regulator added Interactive Option, a brand of Pegase Capital Limited, to its Investment Caution list, noting that the company is not authorized to offer investment services to BC…
Read moreAfter imposing a fine of EUR 300,000 on Pegase Capital Ltd in November last year, the Cyprus Securities and Exchange Commission (CySEC) today announced harsher measures against the company, which owns brands like binary options provider InteractiveOption. CySEC announced the suspension of the Cyprus Investment Firm authorisation of Pegase Capital Ltd (number 225/14). The penalty reflects…
Read moreCypriot financial regulator CySEC has released the first round of its findings following comprehensive reviews of the operations of a number of CySEC-regulated brokers in both the Forex and Binary arenas. CySEC's initial review has resulted in fines for a number of brokers, ranging from €123,000 up to €340,000. In addition to the fines, CySEC…
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