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SEC blacklists 6 online trading platforms



 SEC blacklists 6 online trading platforms
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The Securities and Exchange Commission, SEC, a federal government agency, has blacklisted six online trading entities in its recent crackdown on unregistered and illegal companies pretending to offer investment and finance services or products.

The Commission in a statement on Monday stressed that the proscribed firms were unregistered and not unauthorised to carry out such investment services.

The Commission warned the members of the public to be cautious in dealing with the embargoed firms.

The Commission had warned the public against patronising a set of firms blocked by Italy’s securities regulator, Commissione Nazionale per le Soecieta’ e la Borsa.

READ ALSO: China central bank ban crypto currency

“The Commission’s attention has been drawn to the under-listed e-commerce companies and their websites offering online trading platforms to the investing public. The SEC Nigeria does not register them, and their financial services are also not authorised.

“The blacklisted firms: Prime Invest and “, FXBoxed, New Finance LLC and New Fx Limited, Axi24, Evolve Consulting LCC and Trust Fund Mining Global Pty Limited,” the statement partly reads.


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