Retail FX seminar operator Learn to Trade hit with ASA ruling for misleading Facebook ad LeapRate

June 07, 2017 BY LeapRate Staff

Retail FX seminar operator Learn to Trade hit with ASA ruling for misleading Facebook ad

UK advertising watchdog Advertising Standards Authority (ASA) has upheld a ruling against Learn to Trade Ltd., which promised riches in ads targeting retail forex traders who attend its educational trading seminars. Ad description A Facebook post for Learn to Trade Ltd, seen on November 22, 2016, which stated “Discover how to get your share of the…

December 27, 2016 BY LeapRate Staff

Retail forex broker Colmex Pro gets €100,000 CySEC fine for misleading advertising and compliance failures

Cyprus financial regulator CySEC has issued a €100,000 fine Colmex Pro Ltd for a series of compliance issues discovered by the regulator. The €100,000 fine breaks down as follows: €40,000 for nor properly informing clients of appropriate risks of trading, €30,000 for misleading advertising, €20,000 for operational risks not being properly addressed, €10,000 for other…

November 18, 2015 BY Maria Nikolova

ASIC forces Boca FX to remove misleading statements about Australian authorization

The Australian Securities & Investments Commission (ASIC) today announced that it has ordered Boca Global Financial Group Pty Ltd, aka Boca FX to remove misleading statements from its website regarding its Australian authorization. Following ASIC concerns, the company has agreed to remove statements on its website https://www.bocafx.com.au/ suggesting Boca is ASIC regulated or authorised to…

Tag: misleading advertising