July 29, 2016 BY Valentina Kirilova

Belgium’s FSMA updates list of unauthorized investment businesses, issues 10 more warnings

The Financial Services and Markets Authority (FSMA) of Belgium has updated its list of unauthorized investment businesses by issuing 10 more warnings to the public against the activities of various “boiler rooms” and "recovery rooms". Although the boiler rooms often claim to be an authorized service provider with a professional website and forms to fill out,…

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