Financial Markets Authority

Year 2011Regulated by Government

The Financial markets Authority (FMA) is a New Zealand government agency responsible for enforcing securities, financial reporting and company law as they apply to financial services and securities markets. The FMA also regulates securities exchanges, financial advisers and brokers, auditors, trustees and issuers - including issuers of KiwiSaver and superannuation schemes. It jointly oversees designated settlement systems in New Zealand, with the Reserve Bank of New Zealand (RBNZ). FMA is a member of New Zealand’s Council of Financial Regulators.

Disclose broker

Danger Unauthorized

SL MARKETS

Disclosure summary

Disclosure matching Website matching
Disclosure time 2020-02-24
Reason for punishment We are concerned that SL Markets may be operating a scam. SL Markets is using National Cloud Service Co Limited’s financial service provider registration details on their website and claims its operations are regulated by the Financial Regulatory Authority of New Zealand.

Disclosure details

SL Markets

24 February 2020 SL Markets SHARE THIS ENTITY NAME: SL Markets (also known as Super Lucky Prime/ SL Prime) DATE: 19/02/2020 WEBSITE: https://www.sl-prime.com/ EMAILS: support@sl-prime.com, technical@sl-prime.com, ib@sl-prime.com REASON FOR WARNING: We are concerned that SL Markets may be operating a scam. SL Markets is using National Cloud Service Co Limited’s financial service provider registration details on their website and claims its operations are regulated by the Financial Regulatory Authority of New Zealand. SL Markets is not associated with the New Zealand incorporated company National Cloud Service Co Limited. There is also no regulatory body in New Zealand known as the Financial Regulatory Authority of New Zealand.

Annex

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More regulatory disclosure

Sanction

2023-10-26

Mega SecuritiesPunishment case against a joint stock company and its employees for violating securities management laws (Financial Securities Regulatory Commission No. 1120349362; Financial Supervisory Securities Commission No. 11203493621)