IOSCO Member Investor Alerts / Warnings - CD/21/2010
Update: 30 June 2010
This notice is issued by the Financial Supervision Commission (“the Commission”) in accordance with the powers conferred upon it under Section 30 of the Financial Services Act 2008.
The Isle of Man Financial Supervision Commission is a member of the International Organization of Securities Commissions (“IOSCO”).
IOSCO is recognized as the international standard setter for securities markets. The Organization's wide membership regulates more than 90% of the world's securities markets. IOSCO members regulate more than one hundred jurisdictions and the Organization's membership is steadily growing.
IOSCO has launched a new service of disseminating to the full IOSCO membership any Investor Alerts and Warnings that are published by IOSCO members.
These Investor Alerts and Warnings will typically refer to entities which are not authorized to provide investment services from the relevant jurisdiction. Members of the public should be cautious of these entities.
The Isle of Man Financial Supervision Commission has been advised of Investor Alerts / Warnings issued recently by the following IOSCO members in respect of the entities listed below. Also listed below are the website addresses of the relevant IOSCO members.
|Date of Circulation||Subject||Member Issuing Warning|
|27 May 2010||Dragon Partners Inc. and Platinum Group International||CBFA|
|28 May 2010||1. AEcnFX (Mauritius) Ltd
2. Basel Financial Inc
3. FXCompany Financial Group Ltd
4. FXMarkets Ltd
5. FXOpen Investments Inc
6. World Derovatoves Traders Ltd
|Mauritius Financial Services Commission|
|1 June 2010||1. Commercial First Trading Corporation
2. Joseph Cooke Limited
3. Titan Trading Group
4. Capital Securities International
|Finansinspektionen (the Swedish Regulator)|
|3 June 2010||Mr S.R. Kooij ,formerly trading as Kooij Financieel Advies, (Kooij)||AFM|
|10 June 2010||- Center Capital Trading
- Hong Kong Gold Exchange
- Hong Kong International Petroleum Exchange
- Sekulic Dragon
- Shin Futures
- The Hong Kong Futures & Options Exchange (The HKFOE)
|Hong Kong Securities and Futures Commission|
|30 June 2010||- Fox Global||Hong Kong Securities and Futures Commission|
|30 June 2010||- Borsa Financial (Italy)
- New Century Capital (Austria and the United Kingdom)
|The Irish Financial Services Regulatory Authority|
The Commission is drawing attention to these Investor Alerts / Warnings in order to assist the due diligence process of its licenceholders or members of the public who may have dealings with these entities.
If further information is required, interested parties should contact the relevant IOSCO Member via their website address listed above.
FSC Reference: CD/21/2010