October 24, 2012 BY Gerald Segal
UK's FSA fines Plus500 £205,000
Plus500 failed to provide accurate transaction reports to the FSA. CFD broker Plus500 was fined £205,128 for failing to provide accurate and timely transaction reports to the FSA in respect of all the reportable transactions they carried out, in the 2010-11 time period. The fine was actually reduced by 30%, from nearly £300,000, as Plus500…
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