Investor Alerts - Rolvi Trade
| Company: | Rolvi Trade |
| Regulator: | Financial Markets Authority |
| Jurisdiction: | New Zealand |
| Date: | 14 Jun 2023 |
| Link: | https://www.fma.govt.nz/library/warnings-and-alerts/rolvi-trade-unregistered-potential-pyramid-scheme/ |
| Subject: | Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.) |
| Comments: |
We are aware that Rolvi Trade is offering cryptocurrency products and services via its website rolvitrade.com. It is not registered on the Financial Service Providers Register or regulated to provide these services and products to New Zealand retail clients, as required by the Financial Service Providers (Registration and Dispute Resolution) Act 2008 and the Financial Markets Conduct Act 2013. Rolvi Trade is based overseas but does not appear to be subject to regulation by any overseas regulator. New Zealanders have reported trouble withdrawing funds. We recommend caution when dealing with Rolvi Trade and its website. Entity Name: Rolvi Trade Website: Rolvitrade.com Address: 128 city Road, London, United Kingdom, EC1V 2NZ Email: [email protected] |