The FMA New Zealand warns against Managed Forex Hub Limited

The FMA New Zealand warns against Managed Forex Hub Limited

New Zealand

  • 05/14/2018
  • Warning
  • Financial Markets Authority New Zealand
Misconduct

Detail

The FMA is concerned about misleading or deceptive statements made by Managed Forex Hub Limited through its website www.managedforexhub.co.nz.  Managed Forex Hub Limited made representations on its website regarding a related entities registration on the Financial Service Providers Register, that Managed Forex Hub Limited had full discretion over the trading and management of trade strategies that were offered, and that Managed Forex Hub Limited belonged to a dispute resolution scheme; the FMA considers that these representations were misleading or deceptive, or were likely to mislead or deceive.

Source Link

https://fma.govt.nz/news-and-resources/warnings-and-alerts/fma-warning-notices-and-alerts/formal-warning-andrew-james-sturge/