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High Court finds that 24HR Trading Academy unlawfully advised on investments and unlawfully promoted CFD trading

High Court finds that 24HR Trading Academy unlawfully advised on investments and unlawfully promoted CFD trading

The High Court has delivered a summary judgement in proceedings commenced by the FCA ruling that 24HR Trading Academy Limited (24HR Trading), run by Mohammed Fuaath Haja Maideen Maricar, contravened the Financial Services and Markets Act 2000 (FSMA) by providing unauthorised investment advice to consumers via WhatsApp messages. The full statement can be read HERE

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