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General Capital Brokers Settles With CySEC for 120,000 Euro Over Failing to Meet Its Own Licence Conditions
CySEC reached a 120,000 euro settlement with General Capital Brokers in 2022 over failures to meet its Cyprus investment firm authorisation conditions across nearly a full year. A licence is not a trophy on the shelf — and a broker that lets its conditions lapse tells you something important about how it has been run.