TORONTO, June 18, 2019 /CNW/ - The Ontario Securities Commission (OSC) is warning investors that FSM Smart Ltd. (FSM) is not registered in Ontario to solicit investments, provide brokerage services or offer advice on investing in, buying, or selling securities or commodities.
FSM maintains the website fsmsmarts.com, where it claims to operate an online trading platform and brokerage services for trading in commodities, precious metals, shares and indices, and foreign exchange.
FSM is actively soliciting Ontarians via telephone and through the Facebook page FSMSmart. Ontarians who have been approached by FSM or its representatives are advised to contact the OSC Inquiries and Contact Centre at 1-877-785-1555 or [email protected].
The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair and efficient capital markets and confidence in the capital markets, and to contribute to the stability of the financial system and the reduction of systemic risk. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at www.osc.gov.on.ca.
SOURCE Ontario Securities Commission
For further information: For Media Inquiries: [email protected]; For Investor Inquiries: OSC Contact Centre, 416-593-8314, 1-877-785-1555 (Toll Free)