CySEC removes two firms from investor compensation fund

The Cyprus Securities and Exchange Commission (CySEC) has announced that two investment firms have been removed from the Investors Compensation Fund (ICF).

The decision concerns VM Vita Markets Ltd and HTFX EU Ltd, whose membership in the fund was withdrawn under the regulator’s rules.

The announcement was issued by the Cyprus Securities and Exchange Commission, which oversees investment firms and market activity in Cyprus.

The affected companies were members of the Investors Compensation Fund...