Regulatory Alerts2022-03-17
Activities of Some Unregistered Investment Schemes
The Securities and Exchange Commission (SEC) has closed the offices of three unregistered entities—Oxford International Group, Farmforte Agro Allied Solutions Limited, and VeKtr Capital Investment—and declared their promoted investment schemes unauthorized. The regulator emphasizes that soliciting public funds for private ventures without proper registration or authorization violates the Investments and Securities Act, 2007. Investors are strongly advised to verify an entity's registration status before committing funds, as all transactions with these unregistered entities are conducted at the public's own risk.
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