The Ontario Securities Commission has issued an investor warning covering October 21 to November 11, 2025, cautioning that six companies are not registered to deal in or advise on securities in Ontario. The warning names Arquette Insurance and Wealth Management, PT-Option, ZenithX24, Nord Financial Services Ltd. (operating as Nexma.pro), MGX Foundation, and Canada Economic Union. The OSC noted it publishes investor warnings and alerts about possible harmful or illegal activity in progress and maintains a warning list of entities whose activities may pose a risk to investors, and it encouraged investors to verify registration before accepting investment offers or advice.
Ontario Securities Commission 2025-11-11
Ontario Securities Commission warns investors that six firms are not registered to deal or advise in Ontario
The Ontario Securities Commission (OSC) issued an investor warning from October 21 to November 11, 2025, identifying six unregistered companies, including Arquette Insurance and Wealth Management and PT-Option. The OSC advises investors to verify registration to avoid potential risks and maintains a warning list of entities engaged in potentially harmful or illegal activities.