FCA Warns Against Unauthorized Giant Global and Morgan Consultancy ‎Clone

[kreslik.news]

The UK Financial Conduct Authority issued a warning on Friday against two entities – a forex brokerage firm has been falsely claiming registration, and a clone that has been posing as being affiliated with banking giant Morgan Stanley.

Morgan Stanley & Co Ltd is an FCA-registered financial services provider, which is based in London. The group’s clone, Morgan Consultancy Group, is attempting to mislead investors into thinking that it is offering a legal product by using similar details. The genuine Morgan Stanley has no relationship ‎or affiliation with the clone.‎


The UK watchdog has also blacklisted a ... (read more)