March 7, 2022 - The Financial Market Commission (CMF) alerts the public about a trio of investment platforms (and their respective websites) unauthorized to provide services in Chile.
- Mined Academy (mined dot world)
- Top Trade Group (toptrade dot group)
- Energy Markets (energy dash markets dot co)
Before making an investment, the Commission recommends investors to always do their research on products and companies they are considering investing with by taking the following actions:
- Check the CMF website to confirm whether the relevant company is registered in Chile, and which parties are responsible for its management.
- Use popular Internet search engines to identify any complaints or negative feedback about the company through its name, its directors, and the products being considered for investment.
Investors should also be wary if they are contacted without prior arrangement; if pressured to invest quickly; or if promised investment returns that sound too good to be true.
Since 2020, the Financial Market Commission has issued alerts about 12 investment platforms that are neither regulated nor authorized to provide services in the country.
The Commission also reminds the public about the special alerts page for investors, policyholders, and banking customers available on its website. Interested parties can verify here:
- Whether an entity or person offering financial products or services is supervised by the CMF.
- Alerts issued by the CMF and other foreign regulators on unregulated entities or activities.
- Other important advice for the protection of investors, policyholders, and financial clients.
