June 10, 2022 BY Steffy Bogdanova
CySEC announces withdrawal of ICF membership of Hoch Capital
In March 2019, Hioch Capital faced allegations of possible regulatory violations and settled with CySEC for €200,000. In June 2020, FCA banned the Cypriot firm for using unauthorised celebrity endorsements on social media as part of their marketing. CySEC stated in the official announcement: The loss of ICF membership status does not mean loss of…
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