The Commissione Nazionale per le Società e la Borsa (CONSOB) shutdown 5 new websites that illegally promote investment-related products in the country.
Some of the blacklisted websites that are offering forex trading platforms operate offshore and lack regulations. The following websites were added to the blacklist, which currently has 628 blacklisted domains.
Consob only had the ability to ban websites in 2019 in accordance to the 'Growth Decree'.
Newly Blacklisted Domains
Tryst Consulting LLC (website https://inertiafinance.co);
High Rock Holdings LLC (website https://solidinvesting.co);
Evolve Invest Limited (website https://indexevolve.com and related page https://my.indexevolve.com);
Miva Solutions LLC (website https://eurocapitals.com and related page https://account.eurocapitals.com);
WAM-Capital UK Ltd/WAM-Capital e Gabioni Ltd (website https://wamcapital.co and related page https://accounts.wamcapital.co).
Blacklisted on 7 February 2022
Vigo and Co Llc and 674 Llc (website https://www.galicfx.com and its page https://webtrader.galicfx.com);
iam-ltd Ltd and Fx Publications, Inc. (website https://iam-ltd.com and its page https://xvtrcv-client.com);
'Cash Forex Group' / 'Cash Fx Group' (website www.cashfxgroup.com);
Assetgroup, Inc. / 'Asset Group' (website https://assetgroup.xyz and its pagehttps://webtrader.assetgroup.ltd);
Donnybrook Consulting Ltd (websites https://neotrade.pro, https://neotrade.cc and its page https://neotrade.io);
Bit Advisory Limited (website www.bit-advisorylimited.com);
Tryst Consulting LLC (website https://inertiafinance.co);
High Rock Holdings LLC (website https://solidinvesting.co);
Evolve Invest Limited (website https://indexevolve.com and related page https://my.indexevolve.com);
Miva Solutions LLC (website https://eurocapitals.com and related page https://account.eurocapitals.com);
WAM-Capital UK Ltd/WAM-Capital e Gabioni Ltd. (website https://wamcapital.co and related page https://accounts.wamcapital.co).
Consob adds that for technical reasons it may take several days for the websites to be blacked out. Consob highlights the importance of 'adopting the greatest diligence in order to make informed investment choices and adopting common sense behaviors.'
