Canada's IIROC Warns Investors Against Lucros Financeiros

The Investment Industry Regulatory Organization of Canada (IIROC) is warning Canadian investors not to be fooled by Lucros Financeiros.

Through their website, lucrosfinanceiros.finance, Lucros Financeiros falsely claimed to be an IIROC-regulated crypto-asset trading platform. Lucros Financeiros is not a Canadian IIROC-regulated firm.

Certain crypto-assets have generated a lot of hype. All investors must be informed and ask themselves important questions before purchasing higher-risk investment products that do not trade on stock exchanges. Investors should know that crypto-asset trading platforms are not the same as regulated marketplaces and may be missing key investor protections.

IIROC-regulated investment firms and individuals must meet IIROC's high standards and deal fairly, honestly and in good faith with Canadian investors. The organization urges Canadian investors to exercise caution when dealing with non IIROC-regulated firms.