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.
The Securities and Exchange Commission (“SEC”), on March 14, 2022 shut the offices of the following companies: OXFORD INTERNATIONAL GROUP/OXFORD COMMERCIAL SERVICES FARMFORTE AGRO ALLIED SOLUTIONS LIMITED/AGROPARTNERSHIPS VEKTR CAPITAL INVESTMENT/VEKTR ENTERPRISE The Commission hereby notifies the investing public that none of these entities is registered by the SEC and the Investment Schemes promoted by them are also not authorized by the SEC. The Commission warns that it is unlawful for any private enterprise whether incorporated as a company or not, to solicit funds from the public by whatever means to fund its private ventures in contravention of the Investments and Securities Act, 2007 . The general public is by this notice STRONGLY
ADVISED to always confirm from the Commission whether an entity providing investment services has been duly registered and investment scheme authorized by the Commission. Any member of the investing public dealing with this entity is doing so at his/her own risk. SIGNED MANAGEMENT