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Cysec has announced that they are investigating IronFx. They are encouraging clients with problems to file complaints with Cysec and the Financial Ombusman.
Here is the full text...
As a consequence of media reports and the increasing number of complaints submitted by investors against the Cyprus Investment Firm IronFX Global Ltd (the “CIF”), the Cyprus Securities and Exchange Commission (the “CySEC”) wishes to clarify that there is an ongoing investigation against the CIF with respect to possible infringements of the Legislation. Upon completion of the investigation, the CySEC will publish its findings and/or will proceed with further announcements in the meantime, if deemed necessary.
The CySEC examines the complaints submitted to it by investors, against any supervised entity, in the context of its statutory mandate. For complaints against Cyprus Investment Firms that relate to possible compensation claims, the investors are encouraged to contact the Financial Ombudsman, which is the competent body to examine compensation claims via an extrajudicial procedure, at complaints@financialombudsman.gov.cy.
Nicosia, 6 August 2015
Original Cysec Announcement
Here is the full text...
ANNOUNCEMENT
As a consequence of media reports and the increasing number of complaints submitted by investors against the Cyprus Investment Firm IronFX Global Ltd (the “CIF”), the Cyprus Securities and Exchange Commission (the “CySEC”) wishes to clarify that there is an ongoing investigation against the CIF with respect to possible infringements of the Legislation. Upon completion of the investigation, the CySEC will publish its findings and/or will proceed with further announcements in the meantime, if deemed necessary.
The CySEC examines the complaints submitted to it by investors, against any supervised entity, in the context of its statutory mandate. For complaints against Cyprus Investment Firms that relate to possible compensation claims, the investors are encouraged to contact the Financial Ombudsman, which is the competent body to examine compensation claims via an extrajudicial procedure, at complaints@financialombudsman.gov.cy.
Nicosia, 6 August 2015
Original Cysec Announcement