Investor Warning: AMF Warns Quebeckers About Internet Solicitation

(firmenpresse) - MONTREAL, QUEBEC -- (Marketwire) -- 08/25/11 -- In recent weeks, the Autorite des marches financiers ("AMF") has uncovered, particularly through Internet surveillance, several cases of companies that are unauthorized to operate in Quebec and are soliciting investors to speculate on the currency market.

The AMF is therefore cautioning investors against solicitations carried out through the website by 6149154 Canada Inc., also known as Forexcanus. The AMF is also cautioning Quebec investors against the activities of Gain Capital - Forex.com UK Limited, which solicits investors through .

These companies are not registered with the AMF as derivatives dealers or in any other capacity. Such solicitations and the nature of the products being proposed by these companies may be violations under the Derivatives Act or other laws administered by the AMF.

Advice for investors

Currency and derivatives markets are complex and volatile, and are therefore for investors who have the knowledge, time and resources to track them. Investors who do not have the knowledge and time needed to trade in these markets could incur significant losses.

The AMF also reminds consumers about the importance of investigating before investing. They should ensure that the firms and individuals offering to act as intermediaries, including through the Internet, have the necessary approvals by checking the Register of firms and individuals authorized to practice on the AMF website or by calling the Information Centre.

The Autorite des marches financiers (AMF) is the regulatory and oversight body for Quebec's financial industry.



Contacts:
Media only:
Sylvain Theberge
514-940-2176

Information Centre:
Quebec City : 418-525-0337
Montreal : 514-395-0337
Toll-free: 1-877-525-0337

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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 25.08.2011 - 13:56 Uhr
Sprache: Deutsch
News-ID 59307
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