Francesc’s Weblog
  • Home
  • Join our trading community
  • Back to FXstreet.com

Francesc's Weblog

Francesc Riverola,
CEO & Founder of FXstreet.com

Subscribe

Subscribe Subscribe Subscribe using Netvibes
Or subscribe via email:

Categories

  • About FXstreet.com
  • EU Economy
  • Forex
  • International Traders Conference
  • NFA new requirements
  • Other sites
  • Personal
  • Uncategorized
  • US Economy
  • Winds of change in Switzerland
  • World Economy

Archives

Recent Comments

  • Francesc Riverola on Forex Fraud - NFA takes emergency enforcement action against Profitstars Intl and its principal
  • TradeStar Investor on Forex Fraud - NFA takes emergency enforcement action against Profitstars Intl and its principal
  • Francesc Riverola on Forex Fraud - NFA takes emergency enforcement action against Profitstars Intl and its principal
  • Concerned Investor Too on Forex Fraud - NFA takes emergency enforcement action against Profitstars Intl and its principal
  • Danny on FxPro LSE IPO Postponed Due Market Conditions

Tags

ACM blogs CAG CFTC CitiFX CME Crown Forex Currencies at a Glance Danske Bank David Solin EURUSD Financial Crisis FINMA Forex Forex.com Forex broker Forex Education Forex Fraud Forex Learning Center Forex Market Forex Mobile Forex news Forex Trader of the Year contest Forex Trading Forex Volume FXCM FxPro FXstreet.com FXstreet.com Traffic Stats Gain Capital GFT International Traders Conference IPO ITC ITC 2009 Kathy Lien NFA Retail Forex Rob Booker Saxo Bank stats traffic stats USD US Economy Wayne McDonell

FXstreet.com Weblogs

  • CEO's Weblog
  • Wayne McDonell
  • Dr. S. Sivaraman
  • Valeria Bednarik
  • James Chen
  • Ross Yamashita
  • Raghee Horner
  • Ron Schelling
  • César B. Leiceaga
  • Ian Coleman
  • Greg Michalowski
  • Mike Baghdady
  • Dale J. Pinkert
  • Trader of the Year

Links

  • Forex Crunch
  • Forex Magnates
  • FXstreet.com
Mauritius FSC Suspends BroCo Investments Inc. License, Forex Magnates Reports

Posted on January 4, 2011 at 16:16 in Forex by Francesc

BroCo’s Mauritius FSC license suspended
By Forex Magnates
Six month after licenses of 5 retail forex firms were unexpectdely revoked by the Mauritius FSC, with no reason given the FSC has announced that it suspended another forex license this time of BroCo Investments Inc. Again, no reasons were provided.

BroCo is a focus of an ongoing SEC investigation for fraud made by one of its clients in the US. Seeing how Mauritius FSC treated the previously suspended firms I can assume that the suspension will become a revocation soon. It seems Mauritius FSC has made a complete shift in its policy and forex brokers are no longer welcomed on the little African island, which not long ago has launched its own forex exchange.

Comments are closed.

Theme by Forex Street Powered by Wordpress

The comments and posts published in this blog ARE NOT trading recommendations. They can NEVER be considered as trading calls or advices. If you decide to use the information offered here for your real trading it is at your own risk.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

© 2010 "FXstreet.com. The Forex Market" All Rights Reserved.