January 15, 2014 BY Gerald Segal
CEO of Swiss regulator FINMA, Patrick Raaflaub, to resign
Raaflaub oversaw the requirement of Swiss Forex brokers to receive a bank license, reshaping the industry. Switzerland's financial regulator FINMA has announced that its longtime CEO Patrick Raaflaub has resigned, and will be replaced on an interim basis by FINMA Deputy CEO Mark Branson. FINMA's Board of Directors has initiated a formal search for a new…
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