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Regulatory Warning Weekly Review - What Brokers Are Warned by Regulators This Week?

2023-05-26 Brokersview

Pay attention to regulatory warning news keeps scam away. There are collections of what brokers are warned by regulators from 19 May, 2023 to 25 May, 2023.


1. Financial Conduct Authority (FCA) updates its blacklists, which exposes the lies of scammers. The list may be a little bit longer so you can click here to check the full version.

2. Securities Commission Malaysia (SC) on Monday ordered Huobi Global Limited to cease operations in the country, shut down its website and take down its mobile apps from app stores such as the Apple Store and Google Play. You can click here to check details.

3. Philippine Securities and Exchange Commission (PSEC) has issued an announcement on its website warning the public not to invest in Gemini Derivatives, a product of crypto exchange Gemini, which has been available in some jurisdictions through the Gemini Foundation platform since May 1. Click here to get more information.

4. National Securities Market Commission (CNMV) warned six unauthorized forex brokers, you can click here to see who they are.

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