WASHINGTON (Reuters) – Israeli-based firm EZTD Inc EZTD failed to disclose on its trading platforms that there was significantly greater potential for investors to lose rather than earn money, the SEC said in a news release.
EZTD agreed to forfeit approximately $1.5 million in revenues obtained from U.S. customers and pay a $200,000 penalty, the SEC said.
(Reporting by Eric Beech; Editing by Eric Walsh)