CANADAHALIFAX news Nova Scotian loses money after investing with online trading platform by admin 30 أغسطس، 2021 written by admin 30 أغسطس، 2021 20 The Nova Scotia Securities Commission has issued an investor alert for Stanford FX, an online trading platform and brokerage in the U.K. HALIFAXtoday\Chris Stoodley At least one Nova Scotian has lost money after investing with an online trading platform and brokerage that’s based — but not authorized — in the United Kingdom. The Nova Scotia Securities Commission (NSSC) has issued an investor alert for Stanford FX, which isn’t registered to trade in securities or derivatives in the province. “Stanford FX claims to be an online trading platform and brokerage operating out of London, England,” a NSSC news release says. “It also claims to be registered by the Financial Conduct Authority in the United Kingdom. A recent warning notice issued by the Financial Conduct Authority confirms Stanford FX is not registered or authorized there.” The Nova Scotian who lost money first opened an account with Stanford FX; their account showed that their investment was making profits and Stanford FX representatives urged them to invest more money for greater returns. However, multiple requests from the Nova Scotian to withdraw funds from the account were ignored. The NSSC urges people to take “extreme caution” when dealing with firms that aren’t registered in Nova Scotia. It’s illegal to solicit investments in Nova Scotia without registering with the commission and complying with Nova Scotia securities laws unless an exemption applies. Anyone who’s contacted by Stanford FX or approached with an investment opportunity that appears fraudulent should contact the NSSC. People can use the Canadian Securities Administrators’ website to check if a company or person is registered. The U.K.’s Financial Conduct Authority issued a warning on the unauthorized firm on July 17. “The internet can be a dangerous place to shop for investments but can also assist in identifying scams. In addition to verifying registration, always take the time to search the entity and its representatives,” Stephanie Atkinson, the NSSC’s director of enforcement, says in the release. “A simple Google search often provides a wealth of information about an entity’s legitimacy or lack thereof including alerts and warnings, complaints, reviews and other information to caution investors and assist in making informed investment decisions.” 10 comments 0 FacebookTwitterPinterestEmail admin previous post A few weeks left to kayak one of Nova Scotia’s hidden adventures next post One fifth of Canadians say Afghanistan crisis will impact their vote in federal election: poll You may also like Wind and rainfall warnings issued for parts of... 23 نوفمبر، 2024 Pictou County District RCMP investigating serious crash involving... 23 نوفمبر، 2024 أوتاوا تنفي امتلاكها أدلة تربط ناريندرا مودي بأعمال... 23 نوفمبر، 2024 إحياء شهر التراث اللبناني من قِبل القوات المسلحة... 23 نوفمبر، 2024 أونتاريو: تشريع مقبل لحماية القادمين الجدد من الاحتيال... 23 نوفمبر، 2024 New poll shows Houston’s PCs maintaining big lead... 22 نوفمبر، 2024 Cape Breton Police issue emergency alert as they... 22 نوفمبر، 2024 Safety board calls for changes two years after... 22 نوفمبر، 2024 Fuel prices rise across Nova Scotia 22 نوفمبر، 2024 Halifax International Security Forum begins 16th year amid... 22 نوفمبر، 2024 10 comments essay topics to write about 12 نوفمبر، 2021 - 11:51 م You’re a very valuable site; could not make it without ya! http://multiessay.com/ Reply keto cupcakes 18 نوفمبر، 2021 - 6:20 م You’re an extremely beneficial web site; could not make it without ya! https://ketogendiets.com/ Reply fun sex games online 18 نوفمبر، 2021 - 9:56 م thnx for sharing your cool internet site. https://sexygamess.com/ Reply keto vs paleo 19 نوفمبر، 2021 - 5:21 م Thanks extremely useful. 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