New Zealand’s Regulator Warns Against Managed Forex Hub
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New Zealand’s Regulator Warns Against Managed Forex Hub
After issuing previous warnings, New Zealand’s Financial Markets Authority (FMA) today cautioned investors against being offered products and services from Forex Hub Limited, according to a recent regulatory statement.
The financial watchdog today updated its warning list by blacklisting the firm which offers several financial services to both individuals and businesses. The company is currently operating through the websites www.managedforexhub.com and www.managedforexhub.co.nz.
According to the warning, the Kiwi regulator is concerned about misleading statements made by Managed Forex Hub Limited through its websites as the company has been endorsing multiple products and services from unauthorized groups.
The asset manager made false representations regarding ... (read more)
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