The Cyprus Securities and Exchange Commission (CySEC) today announces that at its meeting held on March 28, 2016, it decided to revoke the Cyprus Investment Firm (CIF) license of Falcon Brokers Ltd. The withdrawal of the license stems from violation of operational requirements concerning clients' funds. The company, operating via new.falconbrokers.com, has three months to…
Read moreCyprus Securities and Exchange Commission (CySEC) today announced that following a decision in a meeting held November 30th, 2015 that authorization of the Cyprus Investment Firm ‘Falcon Brokers Ltd’, with license number 128/10, will continue to be suspended indefinitely. This continuation follows from one month ago where the same decision was reached for the troubled forex broker. The…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) today announced that a meeting held on October 26, 2015, its Board has decided to keep the authorization of Cyprus Investment Firm Falcon Brokers Ltd suspended. The regulator initially suspended the CIF license of Falcon Brokers on September 24, 2015, referring to alleged violations of operational requirements related to…
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