Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List offshore broker Bristol Financial Offshore, operating as Bristol Financial and Bristol Offshore from website bristoloffshore.com.
According to the BCSC, Bristol Financial claims to be an investment firm based in New York and Luxembourg.
BCSC became aware that a BC resident was being solicited by the company.
Bristol financial is not registered to trade in, or advise on, securities or exchange contracts in BC.
BCSC urged BC residents to exercise caution when dealing with firms that are not registered to trade or advise in BC.
The BCSC warning against Bristol Financial can be seen here.