The Cyprus Securities and Exchange Commission (‘the Commission’) wishes to inform the investors that the company ‘Option500’ (www.option500.com):
- Is not permitted to provide investment and ancillary services in the Republic, pursuant to Investment Services and Activities and Regulated Markets Law, as:
i. It has never been authorized by the Commission.
ii. Ιt is not a bank or a cooperative firm, established in the Republic and authorised to provide such services.
iii. No notification has been received by a competent authority of another Member State, pursuant to sections 77 and 80 of the above mentioned Law.
- Is not regulated by the Commission.
The Commission urges investors, before conducting business with Investment Institutions, to consult its Web Site (http://www.cysec.gov.cy/default_en.aspx) to confirm the entities that are authorised to provide investment services in the Republic.