Regulatory Alerts2023-05-08
Added · Updated
Public Notice No. 2 of 2023: Entities Not Regulated by the Securities Commission of The Bahamas
The Securities Commission of The Bahamas identifies 37 entities, including 247BinaryFx Capital Ltd and AccuratePredicts Corp, as unregistered and unlicensed to conduct securities trading or brokerage activities within The Bahamas. These entities are prohibited from operating registrable activities in the jurisdiction and are cited for making false claims of regulatory authorization on their websites. The notice warns the public that engaging with these entities or their agents constitutes a violation of the Securities Industry Act, 2011, and other relevant laws, exposing the entities to criminal prosecution and regulatory sanctions.
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