Regulatory Alerts2025-11-10
Added · Updated
Public Notice No. 7 of 2025 – Huber Management Divisions
The Securities Commission of The Bahamas warns that Huber Management Divisions is not registered or licensed to operate in the jurisdiction and is conducting activities that may violate securities and financial laws. The Commission clarifies that this entity is distinct from the regulated Huber Management Ltd and warns the public against confusing the two, noting that Huber Management Divisions falsely claims regulatory authorization. The public is advised to verify the legitimacy of financial service providers through the Commission’s official registrant and licensee search tool.
SECURITIES COMMISSION OF THE BAHAMAS PUBLIC NOTICE No. 7 of 2025 10 November 2025 RE: HUBER MANAGEMENT DIVISIONS This NOTICE is issued by the Securities Commission of The Bahamas (the Commission) pursuant to its authority under the Securities Industry Act, 2024, the Investment Funds Act, 2019, the Financial and Corporate Service Providers Act, 2020 and the Digital Assets and Registered Exchanges Act, 2024 (the Acts). It has come to the attention of the Commission that HUBER MANAGEMENT DIVISIONS (HMD) may be conducting activities, in or from within The Bahamas, that are either registrable or licensable under one or more of the Acts. The Commission hereby advises the public that HMD and its agents/representatives are not registered with or licensed by the Commission. Its activities may be such that they constitute violations of one or more of the Acts. BACKGROUND Via its website, http://www.hubermanagementdivisions.com, HMD purports to be a bona fide institution engaged as a Financial Wealth Asset Manager and/or a Digital Asset Business Operator in or from within The Bahamas. The website also makes the false claim that HMD “is Authorized and Regulated by the … Securities Commission of The Bahamas. The Commission notes that:
- HMD bears a name that is similar to that of HUBER MANAGEMENT LTD., which is a regulated entity, duly authorized to carry on securities business in or from within The Bahamas; and
- HMD has some material information on its website that impersonates and/or clones the information that is proprietary to HUBER MANAGEMENT LTD.
2 WARNING The public is warned that:
- HUBER MANAGEMENT DIVISIONS is not regulated by the Commission; and
- Persons should not confuse the fraudulent entity, HUBER MANAGEMENT DIVISIONS, with the registered firm, HUBER MANAGEMENT LTD., a legitimate operational entity that is regulated by the Commission. Listings of the Commission’s registrants and licensees authorized to engage in business activities under the Acts, in or from The Bahamas, can be found on the Commission’s website at https://www.scb.gov.bs/registrant-licensee-search/ . Should you have any complaints and/or any information pertaining to this entity, please contact: Enforcement Department Securities Commission of The Bahamas E-mail: info@scb.gov.bs or enfdept@scb.gov.bs