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Abstract:Nova Scotia Securities Commission (NSSC) issued a warning against Valiant Markets dated 25 July 2024.
Nova Scotia Securities Commission (NSSC) issued a warning against Valiant Markets dated 25 July 2024.
According to the law in Nova Scotia requires that:
• Individuals and entities that appear to be in the business of offering/selling securities or derivatives to Nova Scotians must be registered with the Commission unless an exemption applies.
• Investment products that are offered or sold to Nova Scotians must be offered or sold as part of a prospectus offering unless an exemption applies.
However, the firm does not follow the rules. The Commission urges investors to use extreme caution when dealing with unregistered individuals or entities as they could be running a scam or fraud.
Investors should still conduct their research on the investment opportunity before investing.
About Nova Scotia Securities Commission
The Nova Scotia Securities Commission was established to provide investors with protection from activities that undermine investor confidence in the fairness and efficiency of Nova Scotia capital markets and where not inconsistent with investor protection, to foster capital formation.
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