Most of the unauthorized companies that try to lure Quebecois investors are based in Cyprus, the Virgin Islands and the United Kingdom, the watchdog says.
Read moreNadex Pro Signals purports to be a provider of trade signals for binary options and bull spreads traded on the North American Derivatives Exchange (Nadex).
Read moreThe British Columbia Securities Commission (BCSC) has issued a warning against dealing with unauthorized Forex trading firm Eco Money Broker (EMB). The announcement from the watchdog, dated April 14, 2015, said the broker does not have the necessary licenses to offer investment services in British Columbia. In the face of that, EMB has advertised its…
Read moreAt the inauguration ceremony of Canada's RMB Hub, Royal Bank of Canada, alongside other Canadian banks and government delegates, signed a Memorandum of Understanding with respect to Bilateral Renminbi Cooperation. Today, the first cross-border payment has taken place
Read moreWhilst over the counter binary options trading is legal across Canada, brands are required to be regulated by provincial regulatory authorities
Read moreThe Canadian Securities Administrators (CSA), an organization which represents the securities regulators of 10 Canadian provinces and 3 territories, has published a “Black List” of unauthorized binary options brokers. The common feature of all companies that participate in the list is that they try to attract investors in Canada without having the proper licenses to…
Read moreSecurities market regulators of Canadian provinces seem to be competing with each other on which one will issue the highest number of warnings against investment companies. British Columbia Securities Commission (BCSC) added its weight to the growing watchfulness by issuing a warning regarding ZuluTrade, which most of us know as a provider of Forex and…
Read moreThe Ontario Securities Commission (OSC) has last night published a report on enforcement activity in 2014, with the numbers showing a drop in the number of cases where enforcement action had to be taken and, yet, a rise in the sum raised with regard to such action. According to the report, monetary sanctions against those…
Read moreCanada and China have the potential to work together as a link between the Western business world and mainland China, furthered by the proposed establishment of an RMB hub, announced by Prime Minister Stephen Harper during his visit to China this past November, which will allow for the RMB to be traded freely with the Canadian dollar
Read moreWhilst many retail FX companies continue to solicit Canadian clients, Alpari has ceased, taking a prudent step as Canadian ruling requires firms to be registered broker dealers in Canada to solicit business
Read more