CySEC has fined OptionRally €138.000 for non compliance with following laws:
- 1. the Investment Services and Activities and Regulated Markets Law of 2007, as amended from time to time (‘the Law’),
- 2. the Directive DI 144-2007-01 of 2012 of the Securities and Exchange Commission for the Authorisation and Operating Conditions of CIFs (‘Directive 1’),
- 3. the Directive DI 144-2007-02 of 2012 of the Securities and Exchange Commission for the professional competence of Investment Firms and the natural persons employed by them (‘Directive 2’).
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