
British Virgin Islands-based AvaTrade has settled allegations by the Alberta Securities Commission (ASC) that it was operating as an unregistered entity in violation of a Canadian province's securities laws. In the settlement agreement, Ava Trade admitted to engaging in unregistered trading of contracts for difference (CFDs). The company operated an unregistered online trading platform over a period of three years that allowed Alberta residents to trade CFDs, which are derivative products ...
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