Forex Broker Icetrader Shuts Downward Afterward Losing Cyprus Investment License; Possessor Fined €100,000 For Fraud
The fiscal regulatory trunk inwards Republic of Cyprus (The Republic of Cyprus Securities in addition to Exchange Commission) announced today that FX broker icetrader.com - owned in addition to operated past times CIF Glistentree Holdings Ltd - has renounced its Republic of Cyprus Investment Firm license in addition to volition last winding downwards operations. Icetrader’s website forthwith lists instructions for clients to take remaining funds. The CySEC press liberate doesn’t state whatever specific argue for the firm’s drastic actions, only the way mentioned that monetary penalties were levied against i of the company’s shareholders inwards September. Danny Rothman (Daniel Rubinstein), shareholder of CIF Glistentree Holdings, was fined €100.000 for submitting forged academic titles in addition to falsified revenue enhancement statements to the CySEC. The Board of the Cyprus Securities Exchange Commission too banned Mr. Rothman from the fiscal manufacture for v years in ...