Sask. financial authority warns of crypto trading platform falsely claiming it s registered in the province
Saskatchewan s Financial and Consumer Affairs Authority says an online cryptocurrency trading platform claiming to be licensed through Saskatchewan is not.
Social Sharing
Anyone who invested or worked with someone claiming to represent Ellite Cryptominer LTD asked to call FCAA
CBC News ·
Posted: May 13, 2021 10:32 AM CT | Last Updated: May 13
A cryptocurrency trading platform claiming to be licensed from Saskatchewan really isn t, says the provincial Financial and Consumer Affairs Authority.(Dan Kitwood/Getty Images)
James Langton
Regulators in Saskatchewan are warning investors about a purported crypto-trading platform that seemingly doesn’t understand how Canada’s provinces work.
Saskatchewan’s Financial and Consumer Affairs Authority (FCAA) issued a warning about online trading platform Ellite Cryptominer LTD, which claims to be based in the U.K.
According to the FCAA, the company claims to have a “broker license” issued by a Saskatchewan-based Financial Services Commission of Ontario.
“This information is false,” the FCAA said in its alert. “The Financial Services Commission of Ontario no longer exists, was never based in Saskatchewan and never had the authority to issue a license in Saskatchewan.”
Fraser v Canada, 2018 FCA 223, as discussed in our
.
Ms. Fraser, Ms. Fox and Ms. Pilgrim (Claimants) were three retired members of the Royal Canadian Mounted Police (RCMP) who took maternity leave in the 1990s. Upon returning to full-time service, they experienced difficulties balancing their work obligations with childcare responsibilities. These difficulties caused Ms. Fox to retire from the RCMP in 1994 and resulted in Ms. Fraser taking unpaid leave in 1997. At the time, the RCMP did not permit regular members to work part-time. In December 1997, the RCMP introduced a job-sharing program in which multiple RCMP members could split the responsibilities of one full-time position, allowing each member to work fewer hours than a full-time employee. The Claimants enrolled in the job-sharing program along with 137 other RCMP members between 1997 and 2011. Most participants were women with children. From 2010 to 2014, all RCMP members who job-shared were women, and most of them cited c
Agencies battle over who dropped the ball as PACE credit union back under regulator s control theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.