CySEC Fines BDSwiss EUR 100,000

0
709

The Cypriot Regulatory Authority (CySEC) has announced that it has imposed a fine on the investment intermediary BDSwiss Holding Ltd. in the amount of EUR 100,000. BDSwiss has allowed its offshore affiliates to take advantage of its status as a CySEC-licensed Cyprus investment firm to attract clients. They offered CFD trading without requiring clients to pay initial margin protection and without the necessary risk warning. BDSwiss has been licensed by CySEC since May 2013 and operates through several domains including: eu.bdswiss.com; eu.swissmarkets.com; eu.investments.bdswiss.com; eu.bdstrading.com; viverno.com.

LEAVE A COMPLAINT

Please enter your Complaint!
Please enter your name here