Gerald Segal

Gerald is the founder of FNG and is one of the most experienced writers covering the online trading sector. Gerald founded Forex industry B2B news website LeapRate.com in 2010, selling it in 2018 to publicly traded Catena Media plc (STO:CTM). An avid skier, cyclist and ice hockey player, Gerald was previously an investment banker for more than a decade at Bear Stearns, Robertson Stephens, and Merrill Lynch. Gerald holds an MBA from Columbia University in New York and a BCOM degree from the University of Toronto.

7 Comments

  1. Jacques
    August 26, 2020 @ 12:16 pm

    can spain really do this even if they wan to? mifid rules are fairly clear. thye could always launch a complaint with the eu disputes people or with the CySec directly but an outright ban seems a stretch

    Reply

  2. alex PR
    August 26, 2020 @ 12:51 pm

    Regulator can do what he wants to. The FCA did it already to Cysec brokers. About all Cyprus could do if it didnt like it is reciprocate and ban Spanish brokers in Cyprus but that wouldnt matter as there arent no Spanish brokers to speak of. What Cysec really needs to do is crack down on bad brokers there are lots of them.

    Reply

  3. Jose
    August 26, 2020 @ 1:36 pm

    About time somebody did something. Somewhat interesting that it’s market pressures that could lead the brokers to clean up their act and not the regulators. adam Smith’s invisible hand in action

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  4. Forexlady
    August 26, 2020 @ 8:09 pm

    isnt there a dispute mechanism in EU for just this kind of inter-country dispute?

    Reply

  5. Curious
    August 26, 2020 @ 11:05 pm

    Anyone know what this document is?

    Reply

  6. Anonymous
    September 14, 2020 @ 5:12 pm

    1.5

    Reply

  7. gk
    September 21, 2021 @ 11:14 am

    Not surprising. If Israeli, Russian, and Cypriot-run brokers were not active then many of the regulatory problems facing the industry simply wouldn’t exist.

    Reply

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