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The foreign exchange and online brokerage industry witnessed several major corporate and regulatory developments over the past week. A prominent highlight includes regulatory actions taken by the Malta Financial Services Authority (MFSA), which stepped in to freeze client accounts at CFD brokerage Trive and suspended its controlling shareholder, Kasim Garipoglu. Additionally, the industry saw structural shifts with FxPro EU being sold, alongside institutional rebranding efforts as CMC Connect announced a strategic repositioning of its brand identity.
