FCAA Warns Against Morgan Stern

Financial and Consumer Affairs Authority of Saskatchewan (FCAA) warns against prominent financial online firm, Morgan Stern.The authority stated that Morgan Stern is not registered to trade or sell securities or derivatives in Saskatchewan. The FCAA cautions investors and consumers not to send money to companies that are not registered in Saskatchewan, as they may not be legitimate businesses.

The FCCA also shared tips with customers to stay protected.

• 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.

• Know exactly what you are investing in. Make sure you understand how 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.

It is recommended to stay updated on any developments regarding Morgan Stern and to report any suspicious activities to the appropriate authorities.

About FCAA

Financial and Consumer Affairs Authority (FCAA) protects consumer and public interests and supports economic well-being through responsive marketplace regulation.

The mandate of FCAA is to oversee the protection of consumer interests through licensing, registration, audit, complaint handling, and enforcement activities under various provincial statutes.

Install the WikiFX app on your smartphone to stay updated with similar latest news.