Canada’s BCSC Agrees Settlement of $125,000 with Asia Finance

[kreslik.news]

The British Columbia Securities Commission (BCSC) has announced that it has arrived at a settlement agreement with Asia Finance Corporation Ltd., a New Zealand-based company which admitted to trading securities on behalf of B.C. residents without being registered.

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Insufficient Precautions

Asia Finance was reported to have promoted its securities trading services through its website, but did not post any restrictions or limitations on who may open accounts or use the advertised services. In doing so, Asia Finance did not ... (read more)