Saskatchewan regulator issues cease-trade order
Regulator issues cease trade order
Trade12 has solicited investors in the province by phone inviting them to open trading accounts, the FCAA says
The Dubai-based firm trading plaform is not registered to trade securities in the province
Regulators are seeing significant losses to investors dealing with unregistered binary option companies
The alleged “recovery room” scam targets victims of binary options schemes
The FCAA is warning investors that these types of firms continue to operate and are not registered to do so in the province
The scam involves an individual claiming to be a representative of the U.S. Treasury Department’s Financial Crimes Enforcement Network
30% of the investment fraud claims that reach the FCAA’s securities enforcement branch come from seniors
FCAA extends order to Sept. 8