Canada’s OSC warns about online OTC broker IDG Trading
Canada’s largest financial regulator the Ontario Securities Commission (OSC) has issued a warning regarding an OTC-markets broker called IDG Trading, operating website idg-trading.com.
On its website, IDG Trading shows having what seem to be fake office locations at a number of prestigious business addresses in Toronto, London, Singapore and the UAE. What likely prompted the OSC warning was the claim of having a Toronto business address.
The OSC noted that IDG Trading is not registered in Ontario to engage in the business of trading in securities.
John Gill
March 7, 2021 @ 4:45 pm
Canada is fast becoming as strict as the US, numerous players have been outlawed, upon review of the Etoro or IC Markets censures, one can appreciate the local regulator’s stance on solicitations