CMF alerts the public about unauthorized investment platform

April 18, 2022 - The Financial Market Commission (CMF) alerts the public about Lux Investment (luxinvestment dot co), an entity that is neither supervised by the Commission nor registered in its rolls.

Before making an investment, the CMF 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.

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.

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