September 11, 2020 BY Steffy Bogdanova
New Zealand FMA finds Pegasus Markets and director guilty for financial registration abuse
The court found Pegasus guilty on charges for claiming to be registered and its director Reps for failing to prevent the company from committing the offence. Pegasus and Reps face significant fines of up to $300K for the company and either a $100K for Reps and/or 12 months’ imprisonment. The FMA will comment further on…
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