After the Central Russian Bank blacklisted them and the New Zealand’s Financial Markets Authority, Italy’s CONSOB, Australia's ASIC and the Cyprus Securities and Exchange Commission warned against them, the Brazilian Securities Commission (Comissão de Valores Mobiliários – CVM) has joined the host of national regulators who have issued warnings against the unregulated offshore forex broker Trade12 and its owner Exo Capital Markets Limited. And because this company can apparently scam its way around the world with a slap on the wrist by the local regulators, the Brazillians fined them a grand total of $314. It's fascinating how they keep getting away with it.