Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to six unauthorized investment websites.
In issuing the orders, the Authority availed itself of the powers deriving from the “Decreto crescita” (“Growth Decree”; Law no. 58 of 28 June 2019, Article no. 36, paragraph 2-terdecies), on the basis of which Consob can order Internet service providers to block access from Italy to websites offering financial services without the proper authorization.
The websites targeted by the latest orders are:
- Ether Limited (website https://ethertrader.cc and related page https://client.ethertrades.cc);
- Aegion Group Ltd (website www.safecap.io and related page https://client.safecap.io);
- Investment Analysts (website https://investment-analysts.co…
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