SFC Warns Investors Against Rosan World Investment

Thursday, 11/08/2016 | 08:24 GMT by Finance Magnates Staff
  • Hong Kong’s financial watchdog adds another unregulated brokerage to its warning list.
SFC Warns Investors Against Rosan World Investment
Bloomberg

Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), today updated its Alert List with a further unlicensed brokerage which was brought to its attention.

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The SFC’s Alert List features the names of businesses that are unlicensed in Hong Kong and which are believed to have targeted Hong Kong investors or made claims to be associated with Hong Kong.

Invalid Address

Rosan World Investment is the latest brokerage to be included on the SFC’s warning list under the category of Unlicensed Entities, and follows a further warning issued just yesterday on Fox Capital Partners, also added as an unlicensed entity, as reported by Finance Magnates.

In its statement issued today, the SFC warned that unlicenced entities often use names similar to legitimate companies to confuse investors.

Rosan World Investments operates online via the url https://www.hkrongxing.com/ and describes itself as a financial futures investment company offering stock index and commodity futures services.

The firm claims to be located at Room 171 817 F Yau Building, 181 Johnston Road, Wan Chai, Hong Kong but according to the SFC, this address is invalid.

Hong Kong’s financial watchdog helps inform investors by drawing attention to illicit operations and unregulated entities that market participants should abstain from doing business with. Its latest warning today on the activities of Rosan World Investments is part of its on-going efforts to clamp down on unregulated firms soliciting their services.

Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), today updated its Alert List with a further unlicensed brokerage which was brought to its attention.

Join the industry leaders at the Finance Magnates London Summit, 14-15 November, 2016. Register here!

The SFC’s Alert List features the names of businesses that are unlicensed in Hong Kong and which are believed to have targeted Hong Kong investors or made claims to be associated with Hong Kong.

Invalid Address

Rosan World Investment is the latest brokerage to be included on the SFC’s warning list under the category of Unlicensed Entities, and follows a further warning issued just yesterday on Fox Capital Partners, also added as an unlicensed entity, as reported by Finance Magnates.

In its statement issued today, the SFC warned that unlicenced entities often use names similar to legitimate companies to confuse investors.

Rosan World Investments operates online via the url https://www.hkrongxing.com/ and describes itself as a financial futures investment company offering stock index and commodity futures services.

The firm claims to be located at Room 171 817 F Yau Building, 181 Johnston Road, Wan Chai, Hong Kong but according to the SFC, this address is invalid.

Hong Kong’s financial watchdog helps inform investors by drawing attention to illicit operations and unregulated entities that market participants should abstain from doing business with. Its latest warning today on the activities of Rosan World Investments is part of its on-going efforts to clamp down on unregulated firms soliciting their services.

About the Author: Finance Magnates Staff
Finance Magnates Staff
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About the Author: Finance Magnates Staff
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