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CySec fine GIGFX and FXYard for showing operations out of Cyprus despite not being regulated

CySec has just announced (it's in Greek) that it had fined both GIFX and FXYard for stating that they operate out of Cyprus despite not being registered with the commission. CySec fined GIGFX 5,000 euro because it intended to submit application to CIF.

Tuesday, 12/07/2011 | 09:27 GMT by Michael Greenberg

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