The difference between the US regulators and their EU counterparts could not be greater. While the SEC and CFTC have implemented whistleblower programs and act as the advocates of retail investors, the EU regulators leave the victims rather alone in the fight against scammers and online fraudsters.
For many months, law enforcement agencies as well as regulators in different jurisdictional regimes in the EU have been investigating Rodeler Limited, F1Markets, Hoch Capital...
EU Action Plan to fighting money-laundering is opposed by member states with laissez-fair regulatory regimes
EU plans to fight money-laundering The European Commission plans to establish tighter rules to enforce a unified regulatory approach among member states to tackle money...
German BaFin issues cease and desist order against unauthorized payment processor P & B Modern Management
The German financial market supervision authority BaFin issued a cease and desist order against P & B Modern Management, a Berlin-based German company that accepts...