Survey Reason

Recently, the inspection team received many investors’ phone calls with the hope of more Australia licensed brokers whose addresses were inconsistent with those declared by the supervision agency exposed more frequently. To help investors make more wise investment options, the investigation staff decided to leave for the Australia office of the broker MT for the details.

Company Building

According to the regulatory information, the address of the Australia licensed company MT was Level 34, 101 Miller Street, North Sydney NSW 2060. The investigation staff visited the spot.

They easily found the office building as the regulatory information showed since the door sign was conspicuous. Subsequently, they entered the lobby of the ground floor through the revolving door.

Exclusive

They scrutinized the floor guide on the electronic screen, and didn’t find any information about the broker MT.

To ensure the quality of the investigation, they came to the 34th floor by elevator. Circling around the floor, they found it belonged to a mortgage company.

Summary

According to the on-the-site investigation of the staff, it has been proved that the actual address of the Australia licensed company MT is inconsistent with that declared by the supervision agency. The Investment Advisory License (312912) issued by ASIC it holds is suspicious of cloned. Investors shall be prudent before choosing the broker and pay attention to money safety owning to the fact that all supervision over the broker have been expired.