Yes. Private-Holdings complies with all applicable laws and regulations in each jurisdiction in which it operates.
Private-Holdings is required to comply with a number of financial services and consumer protection laws, including:
• The Bank Secrecy Act, which requires Private-Holdings to verify customer identities, maintain records of currency transactions for up to 5 years, and report certain transactions.
• The USA Patriot Act, which requires Private-Holdings to designate a compliance officer to ensure compliance with all applicable laws, create procedures and controls to ensure compliance, conduct training, and periodically review the compliance program.
• Most states’ money transmission laws and corresponding regulations.
International Some countries now require licenses to operate a digital currency business. Private-Holdings is committed to obtaining licenses as needed to comply with local laws.
The Financial Products offered by the company include Contracts for Difference (‘CFDs’) and other complex financial products. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because it is possible to lose all of your invested capital. You should never invest money that you cannot afford to lose. Before trading in the complex financial products offered please ensure to understand the risks involved.