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Italian Consob ordered black-out for another five scam brokers
The Italian Financial Market Authority Consob is the only regulator in the EU that has the power to block websites of unauthorized financial service providers and scams as a means of regulatory enforcement action. The black-out of the respective website is intended to prevent Italian consumers from accessing these offers and being cheated. On November 9, 2020, Consob ordered the black-out of another five websites.