{"id":401695,"date":"2020-06-04T16:10:36","date_gmt":"2020-06-04T20:10:36","guid":{"rendered":"https:\/\/www.investmentexecutive.com\/?p=401695"},"modified":"2020-06-04T16:10:36","modified_gmt":"2020-06-04T20:10:36","slug":"offshore-firm-using-pandemic-to-drum-up-clients-msc-warns","status":"publish","type":"post","link":"https:\/\/www.investmentexecutive.com\/news\/from-the-regulators\/offshore-firm-using-pandemic-to-drum-up-clients-msc-warns\/","title":{"rendered":"Offshore firm using pandemic to drum up clients, MSC warns"},"content":{"rendered":"<p>The Manitoba Securities Commission (MSC) is warning investors about an unregistered offshore firm that is allegedly trying to exploit to the Covid-19 outbreak to illegally attract clients in Canada.<\/p>\n<p>The MSC issued a warning about the firm, IFC Markets and ifcmarkets.com, which is offering trading in foreign exchange and contracts for difference.<\/p>\n<p>&#8220;IFC Markets marketing is taking advantage of the Covid-19 crisis in order to attract Canadian investors,&#8221; the MSC said, noting that its online classified ads in Canada reference the pandemic.<\/p>\n<p>The regulator said that the company, which claims to be operating in the British Virgin Islands and Malaysia, is not registered in Canada and is in violation of securities law.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unregistered company offering trading in forex, CFDs<\/p>\n","protected":false},"author":147314,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2324,2312],"tags":[3435,57731,2370],"yst_prominent_words":[5061,61828,61827,57653,18660,11713,11229,5189,2113,4996,2116],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/401695"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/147314"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=401695"}],"version-history":[{"count":4,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/401695\/revisions"}],"predecessor-version":[{"id":401725,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/401695\/revisions\/401725"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=401695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=401695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=401695"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=401695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}