Tag: warning

March 27, 2015 BY Maria Nikolova

ASIC issues caution regarding unauthorized Forex broker Grandegoldens

The Australian Securities and Investments Commission (ASIC) today showed once again that it is keeping tight control over the retail Forex industry in the country. The watchdog has issued a public warning, notifying investors that Forex broker Grandegoldens Pty Ltd does not have the necessary Australian Financial Services licence to operate in Australia. The company…

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March 24, 2015 BY Maria Nikolova

KPMG warns about fraudulent Alpari UK China Support Team

Fraudulent schemes have reached new highs and the latest example in this respect comes with regard to insolvent retail Forex broker Alpari UK. The ill-fated company, which has more than 100,000 clients still waiting to get their funds back, had subsidiaries in several other jurisdictions, including Japan and China. Clients of Alpari's Chinese business are…

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March 24, 2015 BY Maria Nikolova

France's AMF blacklists 65 unauthorized Forex brokers

France's Financial Markets Authority (AMF) is widely known for regularly updating its “Black List” of unauthorized online trading companies. Earlier this month we saw it include massive 189 companies in its list of unauthorized binary options brokers and today the watchdog updated its list of Forex brokers that offer their services in France without having the…

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March 10, 2015 BY Maria Nikolova

Canada blacklists 37 binary options brokers

The 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…

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March 06, 2015 BY Maria Nikolova

Canada's OSC warns of unauthorized binary options broker Titan Trade

The Ontario Securities Commission (OSC) today issued a warning about binary options broker Titan Trade Capital Limited. The regulator is concerned that the company, which offers its services via www.titantrade.com, is making its services available to residents of Ontario, without having the necessary license to do so. According to Canadian laws, companies are allowed to…

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March 05, 2015 BY Maria Nikolova

British Columbia regulator warns about unauthorized broker UK Options

The British Columbia Securities Commission (BCSC) has flashed its regulatory teeth again, warning against another unauthorized binary options broker that seeks to lure investors from the Canadian province. In its announcement, dated March 3, 2015, the regulator says that UK Options is not registered to provide any sort of investment services in British Columbia. Bear…

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March 04, 2015 BY Maria Nikolova

France's AMF blacklists 189 binary options brokers

France's Autorité des Marchés Financiers (AMF), the national securities market watchdog, earlier today updated its “Black List” of binary options brokers that offer their services in the country without having the necessary license for that. The list now features an impressive number of 189 companies, up from the 155 entries in the list as of December…

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March 04, 2015 BY Maria Nikolova

British Columbia watchdog issues warning regarding ZuluTrade

Securities 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…

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