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CySEC Revokes ICF Membership of Brokerages Trilt and RMG Holdings
The Cyprus Securities and Exchange Commission (CySEC) has taken retail FX/CFDs broker Trilt and brokerage services provider RMG Holding Limited off the Investor Compensation Fund (ICF). The ICF is a fund that provides protection to clients of Cyprus Investment Firms (CIFs) when claims arise against member companies.The Cypriot watchdog announced the development on Tuesday in a statement, noting that it took the decision after reversing both companies’ CIF authorizations. Furthermore, the market...
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Posted: May 9 2023, 13:08
Author Name: financemagnates
Views: 081754