Glencoe Partners Ltd - Velmon Enterprise Ltd

Pursuant to art. 7- octies, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance - TUF), the National Commission for Companies and the Stock Exchange has ordered the following companies to cease the infringement of art. 18 of the TUF consisting of the provision of unauthorised investment services and activities to the Italian public:

• Glencoe Partners Ltd, via the websites www.fxnobel.com and www.fxnobels.io (resolution n. 20799 of January 31, 2019);
• Velmon Enterprise Ltd, via the website www.fxmarketpro.io (resolution n. 20798 of January 31, 2019).

(Published in "Consob Informa" no. 4/2019 - 4 February 2019)