Autorité des marchés financiers
Catalogue reference · Recorded date: 2012-06-18. Confirm the exact legal entity and current status with the authority.
Open authority reference ↗- Commercial name
- Foremost Trading LLC
- Authority jurisdiction
- Quebec
- Authority reference
- 77
- Additional catalogue information
- The Autorité des marchés financiers (the "AMF") cautions investors against solicitations carried out by foreign companies that offer Quebeckers access to software and investment systems in the derivatives market with the promise of substantial returns. The companies solicit through such means as the telephone, e-mail, website advertising and social networking message postings. Generally, they offer access to a software or an investment system in exchange for payment of a few hundred dollars, or even thousands of dollars, while promising very attractive returns. Subsequently, these companies put investors in contact with a so-called brokerage firm to make a deposit for future transactions. As a selling point, these companies will usually use the possibility to be reimbursed if no profit has been generated upon the contract term.
- Validation date
- 2012-06-18
- Modification date
- 2012-06-18