The Cyprus Securities and Exchange Commission (CySEC) today issued a warning against five unauthorized investment firms.
The warning targets the following entities:
- generalfx.io
- fintelligence24.com
- rcmbrokerslimited.com
- xbmkforex.com
- oakwell.finance
CySEC notes that the above-mentioned 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.
The regulator 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.
CySEC regularly updates its list of unauthorized investment entities. Earlier this year, the Commission warned…
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