Consob terminats six scam broker websites

Regulatory Enforcement – Italian Consob ordered black-out for another five scam brokers

The Italian Consob is the only EU regulator with the power to block websites of unauthorized financial service providers and scams as a means of regulatory enforcement action. The black-out of the respective website is intended to prevent Italian consumers from accessing these offers and being cheated. On Nov 9, 2020, Consob ordered the black-out of another five websites.