Investor Alert: Impersonation Scam Falsely Claims Endorsement by Federated Co-operatives Limited and Scott Banda in Social Media Posts Targeting Saskatchewan People
Investor Alerts

The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) is warning Saskatchewan residents about the online entity known as Profit Rings. Social media advertisements have promoted Profit Rings and directed users to a fake news article. The article falsely claims that Profit Rings is endorsed by Federated Co-operatives Limited (FCL) and by Scott Banda, whom the article incorrectly identifies as FCL's CEO. Mr. Banda is FCL's former CEO and retired in 2022.

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CSA seeks comment on modernizing the regulation of public companies
CSA News

TORONTO – The Canadian Securities Administrators (CSA) today published a consultation paper (the Consultation Paper) seeking stakeholder input on potential ways to modernize securities legislation for public companies.

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CSA publishes updated cybersecurity findings and guidance for registered firms
CSA News

TORONTO – Today, the Canadian Securities Administrators (CSA) published CSA Staff Notice 33‑322 Review of Registered Firms’ Cybersecurity Practices and Additional Guidance. The Notice follows a focused compliance examination sweep of 73 registered firms’ cybersecurity practices and sets out observed practices, identified gaps, and updated guidance to support firms in strengthening their cybersecurity frameworks.

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Investor Alert: Four Firms Not Registered in Saskatchewan
FCAA News

The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) is warning Saskatchewan residents about the online entities known as Maples Touch, JoinInveza, Taurus One and FlowBitEnergy.

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Check First, Invest Later

Make sure the individuals and companies you are dealing with are registered to sell securities and have not been disciplined for breaking laws.

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FCAA 411

Find out if the business you are dealing with is licensed or registered by FCAA to operate in Saskatchewan.

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FCAA RLS

FCAA Registration and Licensing System

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Consumer Rights

This free and secure online service enables consumers who are experiencing an issue to learn about their rights and the process to file a dispute, and to work with the business to try and reach an agreement.

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