Canadian Securities Regulators Launch New Website

Montreal – The Canadian Securities Administrators (CSA) is pleased to launch its newly refreshed website (www.securities-administrators.ca) as part of the CSA’s continued efforts to streamline and enhance the information and resources available to market participants.
“The work of the CSA has grown and evolved over the last number of years and our new website is keeping pace with our efforts to meet the expectations of our investors and industry participants. Over the past few months, we have collaborated with our members and partners and received valuable feedback from a number of stakeholders, which we took into account to enhance the website” said Louis Morisset, Chair of the CSA.
Changes have been made to improve accessibility, expand search functionality and enhance site navigation. The key elements that will affect user experience are:

Streamlined navigation by ensuring that tools and resources are easily located. 
Mobile friendly and responsive design. 
Expanded search feature which can now be filtered, based on intuitive topics. 
Optimized to meet web accessibility guidelines.

The new website also lays the groundwork needed for the transition of a number of our databases to SEDAR+.
With the enhanced technological capability of the new website, the CSA will continue to enhance its features, accessibility and be responsive to feedback from users. 
For media inquiries, please contact:
Pascale BijouxCanadian Securities [email protected]
For investor inquiries, please contact your local securities regulator.

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Investor Alert: Global Solution Group

The Financial and Consumer Services Commission (FCNB) recently became aware that Global Solution Group, an online trading platform, may be selling their products and services to New Brunswickers.
The Global Solution Group website – purportedly owned and operated by Ground Solutions Ltd. – claims to be an incorporated company under the laws of the Commonwealth of Dominica in the Caribbean, with a registered address in that country. According to its website (https://global-solution.pro), the company claims to provide investors the ability to invest and trade in foreign exchange, commodities, stocks and cryptocurrency through its trading platform – Global Solution Webtrader. 
Individuals or firms in the business of advising or trading in securities or derivatives in New Brunswick must be registered with FCNB. Global Solution Group is not registered with FCNB. 
The Financial and Consumer Affairs Authority of Saskatchewan issued an investor alert earlier this year about Global Solution Group and the Financial Conduct Authority of the United Kingdom also warned UK investors of this firm. 
FCNB encourages anyone who is considering buying or selling an investment to first do research or talk to their registered investment advisor. Additionally, New Brunswick investors should exercise caution when dealing with online trading platforms that are not registered or recognized in New Brunswick. Please be aware that we have heard of unregistered online trading platforms change names and contact information, such as website or email addresses, slightly and repeatedly to evade detection by those owed money.
Investors are urged to contact FCNB toll-free at 1 866 933-2222 or or through its website if they have any concerns about the legitimacy of an investment opportunity. If you have been a victim of a scam, fraud or cybercrime, please contact your local police force. 
How to protect yourself
FCNB provides these cautionary tips for investors:

Dealing with firms and/or individuals that are registered with FCNB protects investors because FCNB will only register firms and individuals if they are properly qualified and meet a certain standard.  Learn about how registration protects investors and use the National Registration Search tool to check if an individual or firm is registered. 
Before investing, be sure you understand how the investment works and what fees and risks are associated with it. Ask these questions to help you become informed.
Online investments involving trading in cryptocurrencies by unregistered, offshore entities present a significant risk.  You could potentially lose your entire investment, and you may have little recourse if there is a problem with your account.  There is no guarantee that the crypto-asset trading platform will have enough cash or crypto-assets available when you want to make a withdrawal and may refuse to redeem your investment proceeds. 
If you are uncertain or have questions about an investment opportunity, get a second opinion or seek professional advice.

All investments involve some degree of risk and cryptoassets are high-risk investments. Remember, if it sounds too good to be true, it probably is. 
Subscribe to receive alerts delivered right to your email inbox.

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Investor Alert: Global Solution Group

The Financial and Consumer Services Commission (FCNB) recently became aware that Global Solution Group, an online trading platform, may be selling their products and services to New Brunswickers.
The Global Solution Group website – purportedly owned and operated by Ground Solutions Ltd. – claims to be an incorporated company under the laws of the Commonwealth of Dominica in the Caribbean, with a registered address in that country. According to its website (https://global-solution.pro), the company claims to provide investors the ability to invest and trade in foreign exchange, commodities, stocks and cryptocurrency through its trading platform – Global Solution Webtrader. 
Individuals or firms in the business of advising or trading in securities or derivatives in New Brunswick must be registered with FCNB. Global Solution Group is not registered with FCNB. 
The Financial and Consumer Affairs Authority of Saskatchewan issued an investor alert earlier this year about Global Solution Group and the Financial Conduct Authority of the United Kingdom also warned UK investors of this firm. 
FCNB encourages anyone who is considering buying or selling an investment to first do research or talk to their registered investment advisor. Additionally, New Brunswick investors should exercise caution when dealing with online trading platforms that are not registered or recognized in New Brunswick. Please be aware that we have heard of unregistered online trading platforms change names and contact information, such as website or email addresses, slightly and repeatedly to evade detection by those owed money.
Investors are urged to contact FCNB toll-free at 1 866 933-2222 or or through its website if they have any concerns about the legitimacy of an investment opportunity. If you have been a victim of a scam, fraud or cybercrime, please contact your local police force. 
How to protect yourself
FCNB provides these cautionary tips for investors:

Dealing with firms and/or individuals that are registered with FCNB protects investors because FCNB will only register firms and individuals if they are properly qualified and meet a certain standard.  Learn about how registration protects investors and use the National Registration Search tool to check if an individual or firm is registered. 
Before investing, be sure you understand how the investment works and what fees and risks are associated with it. Ask these questions to help you become informed.
Online investments involving trading in cryptocurrencies by unregistered, offshore entities present a significant risk.  You could potentially lose your entire investment, and you may have little recourse if there is a problem with your account.  There is no guarantee that the crypto-asset trading platform will have enough cash or crypto-assets available when you want to make a withdrawal and may refuse to redeem your investment proceeds. 
If you are uncertain or have questions about an investment opportunity, get a second opinion or seek professional advice.

All investments involve some degree of risk and cryptoassets are high-risk investments. Remember, if it sounds too good to be true, it probably is. 
Subscribe to receive alerts delivered right to your email inbox.

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Investor Alert: Global Solution Group

The Financial and Consumer Services Commission (FCNB) recently became aware that Global Solution Group, an online trading platform, may be selling their products and services to New Brunswickers.
The Global Solution Group website – purportedly owned and operated by Ground Solutions Ltd. – claims to be an incorporated company under the laws of the Commonwealth of Dominica in the Caribbean, with a registered address in that country. According to its website (https://global-solution.pro), the company claims to provide investors the ability to invest and trade in foreign exchange, commodities, stocks and cryptocurrency through its trading platform – Global Solution Webtrader. 
Individuals or firms in the business of advising or trading in securities or derivatives in New Brunswick must be registered with FCNB. Global Solution Group is not registered with FCNB. 
The Financial and Consumer Affairs Authority of Saskatchewan issued an investor alert earlier this year about Global Solution Group and the Financial Conduct Authority of the United Kingdom also warned UK investors of this firm. 
FCNB encourages anyone who is considering buying or selling an investment to first do research or talk to their registered investment advisor. Additionally, New Brunswick investors should exercise caution when dealing with online trading platforms that are not registered or recognized in New Brunswick. Please be aware that we have heard of unregistered online trading platforms change names and contact information, such as website or email addresses, slightly and repeatedly to evade detection by those owed money.
Investors are urged to contact FCNB toll-free at 1 866 933-2222 or or through its website if they have any concerns about the legitimacy of an investment opportunity. If you have been a victim of a scam, fraud or cybercrime, please contact your local police force. 
How to protect yourself
FCNB provides these cautionary tips for investors:

Dealing with firms and/or individuals that are registered with FCNB protects investors because FCNB will only register firms and individuals if they are properly qualified and meet a certain standard.  Learn about how registration protects investors and use the National Registration Search tool to check if an individual or firm is registered. 
Before investing, be sure you understand how the investment works and what fees and risks are associated with it. Ask these questions to help you become informed.
Online investments involving trading in cryptocurrencies by unregistered, offshore entities present a significant risk.  You could potentially lose your entire investment, and you may have little recourse if there is a problem with your account.  There is no guarantee that the crypto-asset trading platform will have enough cash or crypto-assets available when you want to make a withdrawal and may refuse to redeem your investment proceeds. 
If you are uncertain or have questions about an investment opportunity, get a second opinion or seek professional advice.

All investments involve some degree of risk and cryptoassets are high-risk investments. Remember, if it sounds too good to be true, it probably is. 
Subscribe to receive alerts delivered right to your email inbox.

[Read More] […]

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Investor Alert: Global Solution Group

The Financial and Consumer Services Commission (FCNB) recently became aware that Global Solution Group, an online trading platform, may be selling their products and services to New Brunswickers.
The Global Solution Group website – purportedly owned and operated by Ground Solutions Ltd. – claims to be an incorporated company under the laws of the Commonwealth of Dominica in the Caribbean, with a registered address in that country. According to its website (https://global-solution.pro), the company claims to provide investors the ability to invest and trade in foreign exchange, commodities, stocks and cryptocurrency through its trading platform – Global Solution Webtrader. 
Individuals or firms in the business of advising or trading in securities or derivatives in New Brunswick must be registered with FCNB. Global Solution Group is not registered with FCNB. 
The Financial and Consumer Affairs Authority of Saskatchewan issued an investor alert earlier this year about Global Solution Group and the Financial Conduct Authority of the United Kingdom also warned UK investors of this firm. 
FCNB encourages anyone who is considering buying or selling an investment to first do research or talk to their registered investment advisor. Additionally, New Brunswick investors should exercise caution when dealing with online trading platforms that are not registered or recognized in New Brunswick. Please be aware that we have heard of unregistered online trading platforms change names and contact information, such as website or email addresses, slightly and repeatedly to evade detection by those owed money.
Investors are urged to contact FCNB toll-free at 1 866 933-2222 or or through its website if they have any concerns about the legitimacy of an investment opportunity. If you have been a victim of a scam, fraud or cybercrime, please contact your local police force. 
How to protect yourself
FCNB provides these cautionary tips for investors:

Dealing with firms and/or individuals that are registered with FCNB protects investors because FCNB will only register firms and individuals if they are properly qualified and meet a certain standard.  Learn about how registration protects investors and use the National Registration Search tool to check if an individual or firm is registered. 
Before investing, be sure you understand how the investment works and what fees and risks are associated with it. Ask these questions to help you become informed.
Online investments involving trading in cryptocurrencies by unregistered, offshore entities present a significant risk.  You could potentially lose your entire investment, and you may have little recourse if there is a problem with your account.  There is no guarantee that the crypto-asset trading platform will have enough cash or crypto-assets available when you want to make a withdrawal and may refuse to redeem your investment proceeds. 
If you are uncertain or have questions about an investment opportunity, get a second opinion or seek professional advice.

All investments involve some degree of risk and cryptoassets are high-risk investments. Remember, if it sounds too good to be true, it probably is. 
Subscribe to receive alerts delivered right to your email inbox.

[Read More] […]

Read More…

Investor Alert: Global Solution Group

The Financial and Consumer Services Commission (FCNB) recently became aware that Global Solution Group, an online trading platform, may be selling their products and services to New Brunswickers.
The Global Solution Group website – purportedly owned and operated by Ground Solutions Ltd. – claims to be an incorporated company under the laws of the Commonwealth of Dominica in the Caribbean, with a registered address in that country. According to its website (https://global-solution.pro), the company claims to provide investors the ability to invest and trade in foreign exchange, commodities, stocks and cryptocurrency through its trading platform – Global Solution Webtrader. 
Individuals or firms in the business of advising or trading in securities or derivatives in New Brunswick must be registered with FCNB. Global Solution Group is not registered with FCNB. 
The Financial and Consumer Affairs Authority of Saskatchewan issued an investor alert earlier this year about Global Solution Group and the Financial Conduct Authority of the United Kingdom also warned UK investors of this firm. 
FCNB encourages anyone who is considering buying or selling an investment to first do research or talk to their registered investment advisor. Additionally, New Brunswick investors should exercise caution when dealing with online trading platforms that are not registered or recognized in New Brunswick. Please be aware that we have heard of unregistered online trading platforms change names and contact information, such as website or email addresses, slightly and repeatedly to evade detection by those owed money.
Investors are urged to contact FCNB toll-free at 1 866 933-2222 or or through its website if they have any concerns about the legitimacy of an investment opportunity. If you have been a victim of a scam, fraud or cybercrime, please contact your local police force. 
How to protect yourself
FCNB provides these cautionary tips for investors:

Dealing with firms and/or individuals that are registered with FCNB protects investors because FCNB will only register firms and individuals if they are properly qualified and meet a certain standard.  Learn about how registration protects investors and use the National Registration Search tool to check if an individual or firm is registered. 
Before investing, be sure you understand how the investment works and what fees and risks are associated with it. Ask these questions to help you become informed.
Online investments involving trading in cryptocurrencies by unregistered, offshore entities present a significant risk.  You could potentially lose your entire investment, and you may have little recourse if there is a problem with your account.  There is no guarantee that the crypto-asset trading platform will have enough cash or crypto-assets available when you want to make a withdrawal and may refuse to redeem your investment proceeds. 
If you are uncertain or have questions about an investment opportunity, get a second opinion or seek professional advice.

All investments involve some degree of risk and cryptoassets are high-risk investments. Remember, if it sounds too good to be true, it probably is. 
Subscribe to receive alerts delivered right to your email inbox.

[Read More] […]

Read More…

Investor Alert: Global Solution Group

The Financial and Consumer Services Commission (FCNB) recently became aware that Global Solution Group, an online trading platform, may be selling their products and services to New Brunswickers.
The Global Solution Group website – purportedly owned and operated by Ground Solutions Ltd. – claims to be an incorporated company under the laws of the Commonwealth of Dominica in the Caribbean, with a registered address in that country. According to its website (https://global-solution.pro), the company claims to provide investors the ability to invest and trade in foreign exchange, commodities, stocks and cryptocurrency through its trading platform – Global Solution Webtrader. 
Individuals or firms in the business of advising or trading in securities or derivatives in New Brunswick must be registered with FCNB. Global Solution Group is not registered with FCNB. 
The Financial and Consumer Affairs Authority of Saskatchewan issued an investor alert earlier this year about Global Solution Group and the Financial Conduct Authority of the United Kingdom also warned UK investors of this firm. 
FCNB encourages anyone who is considering buying or selling an investment to first do research or talk to their registered investment advisor. Additionally, New Brunswick investors should exercise caution when dealing with online trading platforms that are not registered or recognized in New Brunswick. Please be aware that we have heard of unregistered online trading platforms change names and contact information, such as website or email addresses, slightly and repeatedly to evade detection by those owed money.
Investors are urged to contact FCNB toll-free at 1 866 933-2222 or or through its website if they have any concerns about the legitimacy of an investment opportunity. If you have been a victim of a scam, fraud or cybercrime, please contact your local police force. 
How to protect yourself
FCNB provides these cautionary tips for investors:

Dealing with firms and/or individuals that are registered with FCNB protects investors because FCNB will only register firms and individuals if they are properly qualified and meet a certain standard.  Learn about how registration protects investors and use the National Registration Search tool to check if an individual or firm is registered. 
Before investing, be sure you understand how the investment works and what fees and risks are associated with it. Ask these questions to help you become informed.
Online investments involving trading in cryptocurrencies by unregistered, offshore entities present a significant risk.  You could potentially lose your entire investment, and you may have little recourse if there is a problem with your account.  There is no guarantee that the crypto-asset trading platform will have enough cash or crypto-assets available when you want to make a withdrawal and may refuse to redeem your investment proceeds. 
If you are uncertain or have questions about an investment opportunity, get a second opinion or seek professional advice.

All investments involve some degree of risk and cryptoassets are high-risk investments. Remember, if it sounds too good to be true, it probably is. 
Subscribe to receive alerts delivered right to your email inbox.

[Read More] […]

Read More…

Investor Alert: Global Solution Group

The Financial and Consumer Services Commission (FCNB) recently became aware that Global Solution Group, an online trading platform, may be selling their products and services to New Brunswickers.
The Global Solution Group website – purportedly owned and operated by Ground Solutions Ltd. – claims to be an incorporated company under the laws of the Commonwealth of Dominica in the Caribbean, with a registered address in that country. According to its website (https://global-solution.pro), the company claims to provide investors the ability to invest and trade in foreign exchange, commodities, stocks and cryptocurrency through its trading platform – Global Solution Webtrader. 
Individuals or firms in the business of advising or trading in securities or derivatives in New Brunswick must be registered with FCNB. Global Solution Group is not registered with FCNB. 
The Financial and Consumer Affairs Authority of Saskatchewan issued an investor alert earlier this year about Global Solution Group and the Financial Conduct Authority of the United Kingdom also warned UK investors of this firm. 
FCNB encourages anyone who is considering buying or selling an investment to first do research or talk to their registered investment advisor. Additionally, New Brunswick investors should exercise caution when dealing with online trading platforms that are not registered or recognized in New Brunswick. Please be aware that we have heard of unregistered online trading platforms change names and contact information, such as website or email addresses, slightly and repeatedly to evade detection by those owed money.
Investors are urged to contact FCNB toll-free at 1 866 933-2222 or or through its website if they have any concerns about the legitimacy of an investment opportunity. If you have been a victim of a scam, fraud or cybercrime, please contact your local police force. 
How to protect yourself
FCNB provides these cautionary tips for investors:

Dealing with firms and/or individuals that are registered with FCNB protects investors because FCNB will only register firms and individuals if they are properly qualified and meet a certain standard.  Learn about how registration protects investors and use the National Registration Search tool to check if an individual or firm is registered. 
Before investing, be sure you understand how the investment works and what fees and risks are associated with it. Ask these questions to help you become informed.
Online investments involving trading in cryptocurrencies by unregistered, offshore entities present a significant risk.  You could potentially lose your entire investment, and you may have little recourse if there is a problem with your account.  There is no guarantee that the crypto-asset trading platform will have enough cash or crypto-assets available when you want to make a withdrawal and may refuse to redeem your investment proceeds. 
If you are uncertain or have questions about an investment opportunity, get a second opinion or seek professional advice.

All investments involve some degree of risk and cryptoassets are high-risk investments. Remember, if it sounds too good to be true, it probably is. 
Subscribe to receive alerts delivered right to your email inbox.

[Read More] […]

Read More…

Investor Alert: Global Solution Group

The Financial and Consumer Services Commission (FCNB) recently became aware that Global Solution Group, an online trading platform, may be selling their products and services to New Brunswickers.
The Global Solution Group website – purportedly owned and operated by Ground Solutions Ltd. – claims to be an incorporated company under the laws of the Commonwealth of Dominica in the Caribbean, with a registered address in that country. According to its website (https://global-solution.pro), the company claims to provide investors the ability to invest and trade in foreign exchange, commodities, stocks and cryptocurrency through its trading platform – Global Solution Webtrader. 
Individuals or firms in the business of advising or trading in securities or derivatives in New Brunswick must be registered with FCNB. Global Solution Group is not registered with FCNB. 
The Financial and Consumer Affairs Authority of Saskatchewan issued an investor alert earlier this year about Global Solution Group and the Financial Conduct Authority of the United Kingdom also warned UK investors of this firm. 
FCNB encourages anyone who is considering buying or selling an investment to first do research or talk to their registered investment advisor. Additionally, New Brunswick investors should exercise caution when dealing with online trading platforms that are not registered or recognized in New Brunswick. Please be aware that we have heard of unregistered online trading platforms change names and contact information, such as website or email addresses, slightly and repeatedly to evade detection by those owed money.
Investors are urged to contact FCNB toll-free at 1 866 933-2222 or or through its website if they have any concerns about the legitimacy of an investment opportunity. If you have been a victim of a scam, fraud or cybercrime, please contact your local police force. 
How to protect yourself
FCNB provides these cautionary tips for investors:

Dealing with firms and/or individuals that are registered with FCNB protects investors because FCNB will only register firms and individuals if they are properly qualified and meet a certain standard.  Learn about how registration protects investors and use the National Registration Search tool to check if an individual or firm is registered. 
Before investing, be sure you understand how the investment works and what fees and risks are associated with it. Ask these questions to help you become informed.
Online investments involving trading in cryptocurrencies by unregistered, offshore entities present a significant risk.  You could potentially lose your entire investment, and you may have little recourse if there is a problem with your account.  There is no guarantee that the crypto-asset trading platform will have enough cash or crypto-assets available when you want to make a withdrawal and may refuse to redeem your investment proceeds. 
If you are uncertain or have questions about an investment opportunity, get a second opinion or seek professional advice.

All investments involve some degree of risk and cryptoassets are high-risk investments. Remember, if it sounds too good to be true, it probably is. 
Subscribe to receive alerts delivered right to your email inbox.

[Read More] […]

Read More…

Investor Alert: Global Solution Group

The Financial and Consumer Services Commission (FCNB) recently became aware that Global Solution Group, an online trading platform, may be selling their products and services to New Brunswickers.
The Global Solution Group website – purportedly owned and operated by Ground Solutions Ltd. – claims to be an incorporated company under the laws of the Commonwealth of Dominica in the Caribbean, with a registered address in that country. According to its website (https://global-solution.pro), the company claims to provide investors the ability to invest and trade in foreign exchange, commodities, stocks and cryptocurrency through its trading platform – Global Solution Webtrader. 
Individuals or firms in the business of advising or trading in securities or derivatives in New Brunswick must be registered with FCNB. Global Solution Group is not registered with FCNB. 
The Financial and Consumer Affairs Authority of Saskatchewan issued an investor alert earlier this year about Global Solution Group and the Financial Conduct Authority of the United Kingdom also warned UK investors of this firm. 
FCNB encourages anyone who is considering buying or selling an investment to first do research or talk to their registered investment advisor. Additionally, New Brunswick investors should exercise caution when dealing with online trading platforms that are not registered or recognized in New Brunswick. Please be aware that we have heard of unregistered online trading platforms change names and contact information, such as website or email addresses, slightly and repeatedly to evade detection by those owed money.
Investors are urged to contact FCNB toll-free at 1 866 933-2222 or or through its website if they have any concerns about the legitimacy of an investment opportunity. If you have been a victim of a scam, fraud or cybercrime, please contact your local police force. 
How to protect yourself
FCNB provides these cautionary tips for investors:

Dealing with firms and/or individuals that are registered with FCNB protects investors because FCNB will only register firms and individuals if they are properly qualified and meet a certain standard.  Learn about how registration protects investors and use the National Registration Search tool to check if an individual or firm is registered. 
Before investing, be sure you understand how the investment works and what fees and risks are associated with it. Ask these questions to help you become informed.
Online investments involving trading in cryptocurrencies by unregistered, offshore entities present a significant risk.  You could potentially lose your entire investment, and you may have little recourse if there is a problem with your account.  There is no guarantee that the crypto-asset trading platform will have enough cash or crypto-assets available when you want to make a withdrawal and may refuse to redeem your investment proceeds. 
If you are uncertain or have questions about an investment opportunity, get a second opinion or seek professional advice.

All investments involve some degree of risk and cryptoassets are high-risk investments. Remember, if it sounds too good to be true, it probably is. 
Subscribe to receive alerts delivered right to your email inbox.

[Read More] […]

Read More…

Investor Alert: Global Solution Group

The Financial and Consumer Services Commission (FCNB) recently became aware that Global Solution Group, an online trading platform, may be selling their products and services to New Brunswickers.
The Global Solution Group website – purportedly owned and operated by Ground Solutions Ltd. – claims to be an incorporated company under the laws of the Commonwealth of Dominica in the Caribbean, with a registered address in that country. According to its website (https://global-solution.pro), the company claims to provide investors the ability to invest and trade in foreign exchange, commodities, stocks and cryptocurrency through its trading platform – Global Solution Webtrader. 
Individuals or firms in the business of advising or trading in securities or derivatives in New Brunswick must be registered with FCNB. Global Solution Group is not registered with FCNB. 
The Financial and Consumer Affairs Authority of Saskatchewan issued an investor alert earlier this year about Global Solution Group and the Financial Conduct Authority of the United Kingdom also warned UK investors of this firm. 
FCNB encourages anyone who is considering buying or selling an investment to first do research or talk to their registered investment advisor. Additionally, New Brunswick investors should exercise caution when dealing with online trading platforms that are not registered or recognized in New Brunswick. Please be aware that we have heard of unregistered online trading platforms change names and contact information, such as website or email addresses, slightly and repeatedly to evade detection by those owed money.
Investors are urged to contact FCNB toll-free at 1 866 933-2222 or or through its website if they have any concerns about the legitimacy of an investment opportunity. If you have been a victim of a scam, fraud or cybercrime, please contact your local police force. 
How to protect yourself
FCNB provides these cautionary tips for investors:

Dealing with firms and/or individuals that are registered with FCNB protects investors because FCNB will only register firms and individuals if they are properly qualified and meet a certain standard.  Learn about how registration protects investors and use the National Registration Search tool to check if an individual or firm is registered. 
Before investing, be sure you understand how the investment works and what fees and risks are associated with it. Ask these questions to help you become informed.
Online investments involving trading in cryptocurrencies by unregistered, offshore entities present a significant risk.  You could potentially lose your entire investment, and you may have little recourse if there is a problem with your account.  There is no guarantee that the crypto-asset trading platform will have enough cash or crypto-assets available when you want to make a withdrawal and may refuse to redeem your investment proceeds. 
If you are uncertain or have questions about an investment opportunity, get a second opinion or seek professional advice.

All investments involve some degree of risk and cryptoassets are high-risk investments. Remember, if it sounds too good to be true, it probably is. 
Subscribe to receive alerts delivered right to your email inbox.

[Read More] […]

Read More…

Investor Alert: Global Solution Group

The Financial and Consumer Services Commission (FCNB) recently became aware that Global Solution Group, an online trading platform, may be selling their products and services to New Brunswickers.
The Global Solution Group website – purportedly owned and operated by Ground Solutions Ltd. – claims to be an incorporated company under the laws of the Commonwealth of Dominica in the Caribbean, with a registered address in that country. According to its website (https://global-solution.pro), the company claims to provide investors the ability to invest and trade in foreign exchange, commodities, stocks and cryptocurrency through its trading platform – Global Solution Webtrader. 
Individuals or firms in the business of advising or trading in securities or derivatives in New Brunswick must be registered with FCNB. Global Solution Group is not registered with FCNB. 
The Financial and Consumer Affairs Authority of Saskatchewan issued an investor alert earlier this year about Global Solution Group and the Financial Conduct Authority of the United Kingdom also warned UK investors of this firm. 
FCNB encourages anyone who is considering buying or selling an investment to first do research or talk to their registered investment advisor. Additionally, New Brunswick investors should exercise caution when dealing with online trading platforms that are not registered or recognized in New Brunswick. Please be aware that we have heard of unregistered online trading platforms change names and contact information, such as website or email addresses, slightly and repeatedly to evade detection by those owed money.
Investors are urged to contact FCNB toll-free at 1 866 933-2222 or or through its website if they have any concerns about the legitimacy of an investment opportunity. If you have been a victim of a scam, fraud or cybercrime, please contact your local police force. 
How to protect yourself
FCNB provides these cautionary tips for investors:

Dealing with firms and/or individuals that are registered with FCNB protects investors because FCNB will only register firms and individuals if they are properly qualified and meet a certain standard.  Learn about how registration protects investors and use the National Registration Search tool to check if an individual or firm is registered. 
Before investing, be sure you understand how the investment works and what fees and risks are associated with it. Ask these questions to help you become informed.
Online investments involving trading in cryptocurrencies by unregistered, offshore entities present a significant risk.  You could potentially lose your entire investment, and you may have little recourse if there is a problem with your account.  There is no guarantee that the crypto-asset trading platform will have enough cash or crypto-assets available when you want to make a withdrawal and may refuse to redeem your investment proceeds. 
If you are uncertain or have questions about an investment opportunity, get a second opinion or seek professional advice.

All investments involve some degree of risk and cryptoassets are high-risk investments. Remember, if it sounds too good to be true, it probably is. 
Subscribe to receive alerts delivered right to your email inbox.

[Read More] […]

Read More…

Coming into force of Local Rule 91-501 Over-the-counter Trades in Derivatives

Regulated Industries
FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry participants who make their living working with New Brunswickers’ money. These industry participants handle more than $34 billion of New Brunswick consumers’ money.
Questions about your industry’s regulations and legislation? Proposed rule changes? Looking for bulletins and notices? If you operate a business in, or work in, one of these regulated industries, here’s where you’ll find answers.

[Read More] […]

Read More…

Coming into force of Local Rule 91-501 Over-the-counter Trades in Derivatives

Regulated Industries
FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry participants who make their living working with New Brunswickers’ money. These industry participants handle more than $34 billion of New Brunswick consumers’ money.
Questions about your industry’s regulations and legislation? Proposed rule changes? Looking for bulletins and notices? If you operate a business in, or work in, one of these regulated industries, here’s where you’ll find answers.

[Read More] […]

Read More…

Coming into force of Local Rule 91-501 Over-the-counter Trades in Derivatives

Regulated Industries
FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry participants who make their living working with New Brunswickers’ money. These industry participants handle more than $34 billion of New Brunswick consumers’ money.
Questions about your industry’s regulations and legislation? Proposed rule changes? Looking for bulletins and notices? If you operate a business in, or work in, one of these regulated industries, here’s where you’ll find answers.

[Read More] […]

Read More…