red warning flag on a stormy beach

The Ontario Securities Commission (OSC) issued a warning today about an unregistered, offshore trading platform that appears to be targeting investors in Canada.

The OSC is warning investors about WiseBanc, which, it says, claims to operate an online platform for trading assets ranging from stocks to Bitcoin.

Regulatory authorities in the U.K., Ireland and New Zealand have recently issued their own warnings about the firm, it reports.

The OSC says that the firm, which is not registered in Ontario, is “actively soliciting” investors in Ontario, too.