The Ontario Securities Commission (OSC) issued an investor warning that Fibovest, Horizon Gold and CARFIS are not registered to deal or advise in securities in Ontario. The notice forms part of the OSC’s investor warnings and alerts covering December 23, 2025 to January 13, 2026. The OSC reiterated that it publishes warnings and maintains a warning list to flag potentially harmful or illegal activity, and urged investors to verify registration before investing using its Check Before You Invest and Crypto businesses resources.