Tuesday, November 12, 2024

Welcome Back! Consob Orders Black-Out Of Five Illegal Broker Sites After A Five Week Break!

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For more than a month, the Italian regulator Consob was apparently on summer break. August is the vacation month in Italy, but a regulator should be expected to maintain supervision of the financial markets even during the vacation period, but Consob took a break of more than five weeks. On 7 September 2022, the Italian regulator ordered the black-out of five illegally operating online trading websites, increasing the total number of black-out orders to 749. Find the list below:

The number of websites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 749.

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