Forex Complains

Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of eight unauthorized websites offering investment services without proper authorisation. The targeted sites are:  https://alantra-cfd.com    https://investenix.com    https://trading-area.mrxspectron-markets.com   https://euroamfin.com   www.vtmarkets-it.com   https://amiusgroupltd.com   www.naviarkpmk.com  

The FCA fined Richard Howson, ex-CEO of Carillion plc, £237,700 for recklessly contributing to misleading announcements by failing to disclose serious financial issues in the UK construction business to the board, audit committee or market. As the board’s construction expert and one of two executive directors, he was knowingly involved in breaches of the Market Abuse Regulation and Listing Rules. He...

ASIC cancelled the Australian financial services (AFS) license of Superfast AM Pty Ltd effective 13 February 2026 after the firm ceased carrying on a financial services business. To protect former clients, the license remains in effect until 13 February 2027 solely to maintain membership with the Australian Financial Complaints Authority (AFCA). Clients of Superfast or its Corporate Authorised Representatives (including Apex Financial Planning...

Pips24.com is the trading name of several financial firms that are authorized and regulated in different regions of the world. The owned licenses allow them to provide financial services, including forex and CFD trading. The services include reception and transmission of orders in relation to financial instruments, as well as execution of orders on behalf of the clients.  

CySEC reached a €100,000 settlement with First Prudential Markets Ltd for possible breaches of CFD restrictions on MiFIR and CySEC Directives. The investigation covered compliance from March 2022 to August 2025; the firm has paid the amount. 

The UK Financial Conduct Authority (FCA) has placed restrictions on independent financial adviser Advantage Wealth Management Ltd, requiring the firm to obtain prior written FCA approval before disposing of any assets or carrying out regulated activities. The measures were taken due to concerns that the company is not being managed in a sound and prudent manner, potentially risking the proper...

BNP Paribas Securities Corp agreed to a $125,000 fine in a FINRA settlement for failing to report 842 OTC options positions to the Large Options Positions Reporting (LOPR) system in 167,520 instances from October 2019 to April 2024, violating FINRA Rules. From October 2019 to April 2025, the firm also failed to maintain adequate supervisory systems and written procedures for LOPR compliance, again breaching FINRA Rules. 

The Cyprus Securities and Exchange Commission (CySEC) and FXNet Limited, operator of EMS Brokers, have reached a €225,000 settlement regarding breaches of the Investment Services and Activities and Regulated Markets Act of 2017 during the period 2021–2022. The investigation found deficiencies in organizational requirements, client information and principles, suitability assessments, and restrictions on CFD marketing. 

BaFin fined J.P. Morgan SE €45 million for systemic delays in submitting suspicious transaction reports from October 2021 to September 2022, breaching German Money Laundering Act obligations. The penalty, finalized on October 30, 2025, reflects the bank’s failure to ensure timely reporting to the Financial Intelligence Unit (FIU), with fines for systematic violations based on total turnover. 

The UK Financial Conduct Authority (FCA) fined Neil Sedgwick Dwane £100,281 and banned him from financial services for insider dealing at ITM Power Plc in 2022. He sold 125,000 shares (£124,287) using inside information before a 37% price drop, then repurchased 180,000 shares (£140,700), profiting £26,575. The experienced advisor ignored trading permission rules; the fine was reduced 30% for early settlement.