Capital Markets Board (CMB) Archives

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Turkish Regulator stuns brokers by imposing surprise reductions in leverage

Turkish Regulator stuns brokers by imposing surprise reductions in leverage

Brokers operating in Turkey were caught off guard when today the country’s prominent regulator, the Capital Markets Board (CMB), proceeded in the sudden implementation of reductions in the leverage for all small investment account holders. More specifically, the new playing field set by the CMB provides that small-cap accounts, i.e. those smaller than 20,000 ...

Turkish regulator blocks access to the website of MXTrade

Turkish regulator blocks access to the website of MXTrade

Forex broker MXTrade has encountered trouble from regulators in various jurisdictions, since it was the subject of warnings issued against it both in Italy, by the Commissione Nazionale per le Società e la Borsa (CONSOB) for attempting to solicit Italian clients without the proper authorization, and in Cyprus by the Cyprus Securities and Exchange Commission ...