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Breaking News – CySEC suspends the license of Maxiflex!
It wasn’t really surprising. Recently, there had been a lot of rumors around the two CySEC-regulated investment firms Maxiflex and Maxigrid of Israeli Roy Almagor. Today, the regulator announced that the authorization of Maxiflex Ltd with license number 258/14, is suspended in whole. The CySEC justifies the suspension with the fact that Maxiflex apparently conducts or facilitates activities that are not authorized. Moreover, the company apparently does not always comply with the regulatory provisions.