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IVISION
On December 21, 2023, the Financial Conduct Authority (FCA) issued a warning against IVISION, classifying it as an unauthorized firm in the UK. https://www.fca.org.uk/news/warnings/ivision-market
On December 21, 2023, the Financial Conduct Authority (FCA) issued a warning against IVISION, classifying it as an unauthorized firm in the UK. https://www.fca.org.uk/news/warnings/ivision-marketIVISION claims to be regulated in the UK. However, the Financial Conduct Authority (FCA) has red-flagged it as an unauthorized firm illegally offering financial services in this country.
IVISION also claims to be regulated by the Financial Crimes Enforcement Network (FinCen) with MSB registration. While we found some matching entries in the MSB register, it is crucial to note that the registration is not a recommendation, certification of legitimacy, or endorsement of the business by any government agency. It doesn't equate to authorization or a license from a financial regulatory body. In addition, our search for this company in the National Futures Association (NFA) registry suggested that it is not an NFA member and thus not supervised by the authority.
In essence, IVISION is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
IVISION appears to be a scam.
IVISION claims to be regulated in the UK. However, the Financial Conduct Authority (FCA) has red-flagged it as an unauthorized firm illegally offering financial services in this country.IVISION also claims to be regulated by the Financial Crimes Enforcement Network (FinCen) with MSB registration. While we found some matching entries in the MSB register, it is crucial to note that the registration is not a recommendation, certification of legitimacy, or endorsement of the business by any government agency. It doesn't equate to authorization or a license from a financial regulatory body. In addition, our search for this company in the National Futures Association (NFA) registry suggested that it is not an NFA member and thus not supervised by the authority.In essence, IVISION is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.IVISION appears to be a scam.
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