CySEC Warns Against Individuals Posing As CySEC Officers

CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term has issued a statement informing investors and the public that it has been brought to its attention that its logo and contact information are being used for several types of financial scam messages and/or letters.

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Unknown individuals who have falsely been presenting themselves as CySEC officers are known to have used email addresses such as international.affairs@cysec.info, and cysec@cyberservices.com, which do not belong to or are related to CySEC in any way.

A number of investors have been contacted using the above email addresses and through various means and claims, have been convinced to transfer funds to bank accounts they designated.

CySEC has stressed that it is not connected in any way with the above mentioned email addresses, individuals, and correspondence, and that it never sends unsolicited correspondence to investors or members of the public requesting their personal and banking information, or that they make any kind of financial transaction.

The Cyprus financial watchdog has urged the public to remain vigilant regarding such unsolicited communication and to confirm the authenticity of the communication by contacting them prior to taking any action.