March 17, 2017 BY LeapRate Staff
CySEC gets tougher on bonus schemes, banning referral payments, trading competitions, and cash rebates
Cyprus financial regulator CySEC has issued an information circular, providing what it calls "additional guidance" to CIF licensed brokers on the types of bonus incentives which are no longer permissible to be offered to retail clients. In its original announcement on November 30 regarding new rules governing bonuses and trading leverage (which was exclusively revealed by LeapRate…
Read more