CONSOB Continues to Fight against Illegal Websites

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Italy’s Companies and Exchange Commission (CONSOB) announced that it has continued to block the access from Italian territory to more unauthorized investment websites. They include: arkcoin.live of Flack Consulting LLC, brokercapcfd24.com of Broker Capitals Ltd, bstrade.world of Florishing Group LLC, tradegenics.co of Shlack Consulting LLC, and virtufinance.com of VirtuFinance.CONSOB has the right to order Internet service providers (ISPs) to deny access from Italy to websites offering financial services without proper authorization. Thus, the number of websites blocked by CONSOB since July 2019 has expanded to 850. Most of these websites offer CFD trading on currency pairs and cryptocurrencies.

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