CONSOB Adds Five New Websites to Blacklist

CONSOB, the Italian government authority that oversees the country's stock exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term and financial services sector, announced on Friday the addition of five new websites to its blacklist.

In a statement published on its website, CONSOB (Commissione Nazionale per le Società e la Borsa) used powers deriving from the 'Growth Decree' (Law no. 58 of 28 June 2019, Article no. 36, paragraph 2-terdecies) to order Internet connectivity Connectivity Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Read this Term service providers to prevent access from Italy to the websites. The blacklisted websites are understood to be offering financial services without due authorization.

The five websites added to the blacklist are:

Trust Pixs Limited (website www.trustpixs.com and related page https://my.trustpixs.com);

'EqualityFin' (website https://equalityfin.com and related page https://client.equalityfin.com);

Scintilla Enterprise Ltd (website https://solidstocks.cc);

Miva Solutions LLC (website www.delitraders.net and related page https://client.delitraders.net);

Ingenue Consulting LLC (website https://tradon.io).

CONSOB, founded in 1974 and based in Rome, has now ordered the blacklisting of a total of 645 websites conducting fraudulent activities since June 2019, when the regulator received the power to shut down website access.