Abstract:The Cyprus Securities and Exchange Commission (CySEC) has issued a caution regarding the online trading platform MarketsVox. According to CySEC, the platform is operating without proper authorization to provide investment services in Cyprus.
The Cyprus Securities and Exchange Commission (CySEC) has issued a caution regarding the online trading platform MarketsVox. According to CySEC, the platform is operating without proper authorization to provide investment services in Cyprus.
According to the authority urges investors to consult its website before conducting business with investment firms to ascertain the entities that are licensed to provide investment services and/or investment activities.
CySEC's warning aims to protect potential investors from the possibility of fraud or financial loss due to the lack of oversight and regulatory protections that come with licensed brokers.
About CySEC
The Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus, and the collective investment and asset management sector. The mission of the CySEC is to exercise effective supervision to ensure investor protection and the healthy development of the securities market.
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