Belgium’s FSMA updates list of unauthorized investment businesses, issues 10 more warnings LeapRate

July 29, 2016 BY Valentina Kirilova

Belgium’s FSMA updates list of unauthorized investment businesses, issues 10 more warnings

The Financial Services and Markets Authority (FSMA) of Belgium has updated its list of unauthorized investment businesses by issuing 10 more warnings to the public against the activities of various “boiler rooms” and "recovery rooms". Although the boiler rooms often claim to be an authorized service provider with a professional website and forms to fill out,…

December 17, 2015 BY Maria Nikolova

Belgium's FSMA updates list of unauthorized investment businesses, issues 12 more warnings

The Financial Services and Markets Authority (FSMA) of Belgium on Wednesday updated its list of unauthorized investment businesses by issuing 12 more warnings to the public against the activities of various "boiler rooms". The Belgian regulator defines “boiler room” as a type of fraud that involves contacting customers often by telephone, offering to sell them…

October 12, 2015 BY Maria Nikolova

Belgium's FSMA adds 33 unauthorized investment companies to Warning List

The new additions include only a handful of Forex and binary options brokers, whereas the focus is on so-called “boiler rooms”.

September 11, 2015 BY Maria Nikolova

Belgium's regulator updates Warning List of unauthorized investment companies

After the latest update, the Warning List now includes more than 160 unauthorized entities, including binary options brokers, Forex brokers and various “boiler rooms”.

Tag: boiler rooms