
Representation before Regulatory Authorities
CySEC (Cyprus Securities and Exchange Commission) serves as the main regulator supervising the Cyprus Stock Exchange, investment firms, and related financial entities. Founded according to the Cyprus Securities and Exchange Commission Law of 2001, CySEC controls, licenses, and evaluates Cyprus Investment Firms (CIFs) for legal compliance and to maintain market stability. CySEC authorization is mandatory for companies operating as investment firms in Cyprus. CySEC’s responsibilities include supervising the stock exchange and listed securities, supervising investment firms and collective investment schemes, and inspecting listed entities, brokerage companies, and investment advisors. CySEC has the authority to request information from any relevant entity, grant or revoke operational licenses, and impose sanctions, including administrative fines and disciplinary measures, on violators of stock market legislation. In cases of alleged fraud or misconduct, the penalties imposed by CySEC can be harsh, ranging from expulsion, suspension, and fines to criminal charges. P.N. Kourtellos & Associates offers robust defense services, defending clients in disciplinary hearings and pursuing legal measures against administrative rulings to protect their interests.
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