October 10, 2013 BY Gerald Segal

CySEC fines ex Laiki and Marfin CEO Efthimios Bouloutas EUR 100,000 for misstatements

Represents one of the largest fines ever doled out by CySEC to an individual. We've become somewhat used to the multi-million dollar fines for wrongdoing handed out by US regulator CFTC, so an EUR 100,000 ($135,000) fine doesn't seem too weighty. But it certainly is, when handed out by Cyprus financial regulator CySEC. CySEC announced…

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