The Ontario Securities Commission (OSC) issued an investor warning that 14 companies are not registered to deal or advise in securities in Ontario, cautioning investors about potential harmful or illegal activity. The unregistered entities identified are Stanford Markets; Plusinvesting (Plus Investing); Trade-ama; SwissWealth Management; Defi Trades; Clermont Meridian Trading; Berniston (Berniston Investments); Fairwealth; Polyxco (Polyxxo); ThePineHill Group; GDQCOIN (GDQCoin); ApexCfd; BG Wealth Group Inc.; and International Reserve. The OSC reiterated that it publishes investor warnings and maintains a warning list, and directed investors to verify registration through its “Check Before You Invest” and “Registered crypto asset trading platforms” resources, with options to subscribe to alerts and follow OSC updates via its official channels.
Ontario Securities Commission 2025-03-04
Ontario Securities Commission issues investor warning naming 14 firms not registered to deal or advise in Ontario
The Ontario Securities Commission (OSC) issued a warning about 14 companies not registered to deal or advise in securities in Ontario, highlighting potential harmful or illegal activity. The OSC advises investors to verify registration through its resources and stay informed via its official channels.