Financial Commission Expels FX/CFDs Broker Bold Prime
The Financial Commission (FinCom), a self-regulatory organization in the financial services industry, announced the expulsion of forex and contracts for differences (CFDs) broker, Bold Prime, from its membership. The press release shared with Finance Magnates detailed that the broker’s expulsion as a FinCom member came following “numerous failures to comply with the Financial Commission’s Rules […]
Italy’s Cosob Blacklists 5 Illegal FX/CFDs Brokers
Italian financial market supervisor, Consob, has blacklisted five additional websites offering financial services without any authorization in the country. Announced on Thursday, these websites are either illegal or outright fraud. The five new names added to the long list of Consob’s blacklisted websites are Bright Group LLC, BrokerCreditServiceLtd.net (impersonating a legitimate platform), Unico Aust Pty […]