The Investment Caution List identifies unregistered activity and unqualified securities promoted in British Columbia. The BCSC relies on information from the public and other agencies to identify new entries to the List.
None of the companies listed below are registered to trade in, or advise on, securities or exchange contracts in B.C. We urge B.C. residents to exercise caution when dealing with firms that are not registered to trade or advise in this province.
New Additions to the BC Securities Commission Investment Caution List
Lionstradefx.com made an unsolicited offer to a B.C. resident to invest in Lionstradefx.com. Lionstradefx.com claims to be an online binary options trading platform provider.
BitPlay recently targeted B.C. residents with advertisements offering high-yield investment programs. BitPlay claims to be an online eSports betting platform provider located in London, England.
Aidan Trading made an unsolicited offer to a B.C. resident. Aidan Trading claims to provide an online trading platform for forex, forex options, commodities, and Contracts-For-Difference.
Cryp Trade Capital Holdings SL offers an online cryptocurrency trading platform and cryptocurrency investment portfolios. Cryp Trade was added to the Investment Caution List after if recently advertised to B.C. residents. In certain circumstances, cryptocurrencies may be considered to be securities under securities legislation in B.C., and trading in or advising on them may require registration.
BitcoinBank claims to be a cryptobank that provides financial and investment services. BCSC staff found BitcoinBank advertisements targeting B.C. residents and offering BTCB Coins through an initial coin offering.
The BCSC became aware of Lamp Education Ltd. after the company was purporting to issue a cryptocurrency (LAMP Token) by way of an initial coin offering. Lamp Education Ltd. claims to be an education company with an office in Vancouver, B.C.
Report Suspicious Investments to the BCSC
You can bring companies or individuals to our attention using the Report a Concern form or contacting BCSC Inquiries at [email protected]. Remember to keep records in case you need to make a complaint or take legal action.
If you have any concerns about a person or company offering an investment opportunity, please contact BCSC Inquiries at 604-899-6854 or 1-800-373-6393 or through e-mail at [email protected] You can also file a complaint or submit a tip anonymously using the BCSC’s online complaint form.
InvestRight.org is the British Columbia Securities Commission’s investor education website.
All were added in September and October
In May 2013, the BCSC released two settlement agreements and four notices of hearing. Neither IIROC nor the MFDA released any decisions in May 2013 relating to BC residents Below is a summary of a few of the May 2013 enforcement cases. BCSC Settlement Agreement – Scotia Securities Inc. Scotia admitted […]