Dollars and SenseNewsProvincial

Investor Alert: Gamma Holdings Are Not Registered

The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) warns investors of the online entity Gamma Holdings.

“We encourage Saskatchewan residents to verify that people selling investment opportunities are registered through the Canadian Securities Administrators’ database,” FCAA Securities Division Executive Director Dean Murrison said. “By verifying their registration status, you can ensure the organization you are dealing with is credible. Checking takes only a couple minutes at aretheyregistered.ca .”

Gamma Holdings claims to offer Saskatchewan residents trading opportunities, including stocks, forex, commodities, futures contracts and cryptocurrencies.

There may be other businesses with the same or a similar name to “Gamma Holdings” This alert does not apply to any such businesses. This alert applies to the online entity using the website “www gamma-holdings com” (this URL has been manually altered so as not to be interactive).

Gamma Holdings is not registered to trade or sell securities or derivatives in Saskatchewan. The FCAA guarantees investors and consumers not to send money to companies that are not registered in Saskatchewan, as they may not be legitimate businesses. 

If you have invested with Gamma Holdings or anyone claiming to be acting on their behalf, contact the FCAA’s Securities Division at 306-787-5936.

In Saskatchewan, individuals or companies need to be registered with the FCAA to trade or sell securities or derivatives. The registration provisions of  The Securities Act, 1988, and accompanying regulations are intended to ensure that only honest and knowledgeable people are registered to sell securities and derivatives and that their businesses are financially stable.

Tips to protect yourself:

  • Always verify that the person or company is registered in Saskatchewan to sell or advise about securities or derivatives. To check registration, visit The Canadian Securities Administrators’ National Registration Search at  aretheyregistered.ca .
  • Know exactly what you are investing in. Make sure you understand how the investment, product, or service works.
  • Get a second opinion and seek professional advice about the investment.
  • Do not allow unknown or unverified individuals to remotely access your computer.
For the latest information and for more updates on everything Kindersley, download our app! Get it on Google Play
App Store coming soon!

Google Play and the Google Play logo are trademarks of Google LLC.

Related Articles

Back to top button