Bitcoin Revolution 2 Review - vk |
2019-07-19 04:16:30 by steffandevin
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A massive regulatory shakedown is also taking place in Switzerland, where the Swiss Federal Banking Commission had given FX brokers until Mar 2009 to register as a bank with FINMA (Swiss Financial Market Supervisory Authority) in order to continue to offer retail Forex from a Swiss headquarters. AC Markets, MIG Investments, Dukascopy, and GFX Group (Forex.ch) filed their banking application with FINMA by the deadline, while others sold out to existing banks or left Switzerland to less strict jurisdictions within the EU zone. The Swiss regulatory push would have greater credibility if FINMA had not dragged on the closure of fraudulent Swiss broker Crown FX for months - Crown FX was able to continue to attract clients throughout much of the shut down process while existing accounts had their accounts frozen.
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