Be an informed investor - Don't be fooled by
fraudsters
TORONTO, April 30,
2024 /CNW/ - The Canadian Investment Regulatory
Organization (CIRO) is issuing a warning to Canadian investors
regarding Canada Token Trade. This entity is falsely claiming
affiliations and regulatory endorsements it does not possess.
Canada Token Trade's website falsely claims membership with
the Investment Industry Regulatory Organization of Canada (IIROC), a predecessor of CIRO and the
Canadian Investor Protection Fund (CIPF) and illegitimately uses
the IIROC and CIPF logos.
Investors should be aware that Canada Token Trade has no
association with CIRO, IIROC or CIPF, and is not authorized to use
their logos or imply any form of regulatory endorsement.
CIRO's Office of the Investor publishes information to help
investors keep their investments safe and avoid fraud.
Such information is available at Avoiding
Fraud and Protecting Your Investments.
Investors should also check the background, qualifications and
any disciplinary history of investment advisors registered with
CIRO or the CSA by checking the free AdvisorReport for
advisors registered with investment dealers, or the
CSA's National Registrant Search.
If you believe you have been a victim of this or a similar scam,
immediately contact your bank, local police, your provincial
securities commission, and the Canadian
Anti-Fraud Centre.
Please direct all other inquiries to our Complaints
& Inquiries team:
1-877-442-4322 (Canada/US),
800-5555-2323 (Outside Canada/US),
or by completing our Secure Contact
Form
About CIRO
Canadian Investment Regulatory Organization is the national
self-regulatory organization that oversees all investment dealers,
mutual fund dealers and trading activity on Canada's debt and equity marketplaces. CIRO is
committed to the protection of investors, providing efficient and
consistent regulation, and building Canadians' trust in financial
regulation and the people managing their investments. For more
information, visit CIRO.ca.
SOURCE Canadian Investment Regulatory Organization (CIRO)