
R1.18m fine and five-year debarment for unauthorised CFD trading
The FSCA’s investigation also found that Petrus Rasmus Erasmus provided trading signals without a licence.
The FSCA’s investigation also found that Petrus Rasmus Erasmus provided trading signals without a licence.
The FSCA reiterates that copy or mirror trading amounts to unlicensed discretionary FSP business.
The Authority warns key individuals not to associate their names with ODP operators without knowing how they are conducting their business.
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