Alerts and Cautions Review: April – July

Part of the Nova Scotia Securities Commission mandate is to protect Nova Scotia investors. One of the ways we do that is by issuing investor alerts and cautions. You can find all the alerts we’ve issued for the last seven years on our Investor Alert Database.

To try and spread further awareness about the companies and people we have issued alerts and cautions about, our Before you Invest Blog does regular reviews of alerts through the year. This review will look at all alerts and cautions issued since April.

April 6, 2023 - Canadian securities regulators warn the public about GoldberryCo

The securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Quebec, Northwest Territories, Prince Edward Island and Yukon are warning the public about GoldberryCo, which is operating an online investment scam targeting Canadians through the websites and GoldberryCo is not registered to sell investments in Canada.

May 24, 2023 - Investor Alert: Advisor Impersonation Schemes

New Self-Regulatory Organization of Canada (New SRO) and the Canadian Securities Administrators (CSA) warned Canadian investors not to be fooled by fraudsters impersonating real investment advisors.

June 15, 2023 - Canadian Securities Administrators raise awareness of financial abuse of older Canadians on World Elder Abuse Awareness Day

On World Elder Abuse Awareness Day on June 15, the Canadian Securities Administrators (CSA) is highlighting the prevalence of financial abuse that many older Canadians experience, and the steps that Canadians can take to recognize, prevent and report it.

June 20, 2023 - Investor Alert: Some crypto websites use fake regulatory and dispute resolution organizations to appear legitimate

The CSA is warned Canadians to be vigilant about purported crypto trading service providers that are claiming to be authorized or affiliated with fictitious regulatory or dispute resolution organizations.

Investor Cautions:

Investor Cautions are warnings to potential investors that the individuals or entities named do not appear to be registered to engage in the business of offering securities or derivatives in Nova Scotia or that the investment products do not appear to be offered in a manner permitted by Nova Scotia securities laws. Visit our Investor Cautions List for more information on the entities listed below.

XT Exchange/XT.COM Exchange/

BTI/Bawerk Trading & Investment