Warning

FCA warns against SRS Enterprise Limited

Reason: UnregulatedComment: SRS Enterprise Limited has been providing financial services or products in the UK without being authorised by the FCA.Date: 14/06/2018Link: https://www.fca.org.uk/news/warnings/srs-enterprise-limited

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FMA Austria warns against Sun Capital Limited

Reason: UnregulatedComment: Sun Capital Limited is not entitled to provide investment services or banking services in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others (Art. 1 para. 1 no. 7 BWG), nor to provide commercial portfolio management (Art. 3 para. 2 no. ...

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SEC Charges Merrill Lynch for Failure to Supervise RMBS Traders

Reason: MisconductComment: Merrill Ordered to Return More than $10.5 Million to Harmed Customers Content of Penalty: The Securities and Exchange Commission today announced that Merrill Lynch, Pierce, Fenner & Smith Inc. will pay more than $15 million to settle charges that its employees misled customers into overpaying for Residential Mortgage Backed Securities (RMBS).  Merrill Lynch agreed to repay more than ...

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CSSF warns against activities of an entity named Beltra Solutions S.A. / Beltra Solutions (Europe) S.A.

Reason: UnregulatedComment: The CSSF warns the public that Beltra Solutions S.A. / Beltra Solutions (Europe) S.A. is not regulated by the CSSF and that the entity has not been granted any authorisation to provide financial services or other financial services in or from Luxembourg. Date: 11/06/2018Link: http://www.cssf.lu/fileadmin/files/Protection_consommateurs/Avertissements/W_Beltra_Solutions_SA_080618_eng.pdf

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FCA warns against IQ FINANZAS EUROPA S.L.

Comment: is not authorised to provide the investment services detailed in Article 140 of the Securities Markets Law, which include investment advice, or to provide the auxiliary services detailed in letters a), b), d), f) and g) of Article 141 of the said Law in relation to the financial instruments detailed in Article 2 of the said Law, including, for ...

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CNMV warns against GRUPO ENIA

Reason: UnregulatedComment: GRUPO ENIA (Escuela de Negocios Inversión y Ahorro España) www.nicc.es is not authorised to provide the investment services detailed in Article 140 of the Securities Markets Law, which include investment advice, or to provide the auxiliary services detailed in letters a), b), d), f) and g) of Article 141 of the said Law in relation to the financial ...

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FCA warns against Efforex clone of FCA authorised firm

Reason: UnregulatedComment: Efforex is not authorised or registered by the FCA but has been targeting people in the UK, claiming to be an authorised firm.Date: 11/06/2018Link: https://www.fca.org.uk/news/warnings/efforex-clone-fca-authorised-firm

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FCA warns against Newmont Wealth Advisory

Reason: UnregulatedComment: Newmont Wealth Advisory has been providing financial services or products in the UK without being authorised by the FCA.Date: 08/06/2018Link: https://www.fca.org.uk/news/warnings/newmont-wealth-advisory

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FCA warns against The Haighton Ruth Group (clone) (clone of FCA authorised firm)

Reason: Fraudulent, UnregulatedComment: The Haighton Ruth Group is not authorised or registered by the FCA but has been targeting people in the UK, claiming to be an authorised firm.Date: 08/06/2018Link: https://www.fca.org.uk/news/warnings/haighton-ruth-group-clone

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FCA warns against Mutual Fund Ltd clone of FCA authorised firm

Reason: Fraudulent, UnregulatedComment: Mutual Fund Ltd is not authorised or registered by the FCA but has been targeting people in the UK, claiming to be an authorised firm.Date: 08/06/2018Link: https://www.fca.org.uk/news/warnings/mutual-fund-ltd-clone-fca-authorised-firm

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