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CySEC ends 2013 by fining iForex

CySEC ends 2013 by fining iForex

The Cypriot regulator, CySEC ended a rather busy year by announcing on 30th December its decision to impose an administrative fine of EUR 5,000 on iForex Ltd (Cyprus) Ltd, one of the brokers holding a Cyprus Investment Firm (CIF) license. What we can deduce from this decision by the Cyprus Securities and Exchange Commission is that the regulator is really ...