Permanent stop order against Validus 'academy' – FMA

An image from the training academy's 'team official' website. (Image: Validus)

Wed, 05 Jul 2023

The Financial Markets Authority (FMA) has applied a permanent stop order to the self-titled online trading academy Validus and its associated companies. It follows an interim stop order the FMA issued to Validus and associated persons in February 2023.The order prohibits Validus from “taking steps that will result in repeat unlawful behaviour that may cause material financial harm”.This includes making or distributing any restricted communication that relates to the offer of Validus financial products or accepting further...

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