CySEC warns regarding unregulated entities
The Cyprus Securities and Exchange Commission (‘CySEC’) has issued an announcement to inform investors about a number of websites that belong to unregulated entities.
In accordance with the CySEC’s warning, the following websites do not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017.
- otpfx.com
- AllFXtradings.com
- en-n.com
- bhc.international
- bbgroupfx.com
- acronisfx.com
CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities.
Source: CySEC