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Tuesday, March 1, 2011

Securities Commission Warns Investors About Illegal Trading

The New Brunswick Securities Commission reports the illegal trading of stocks tops the list of violations last year. Commission Executive-Director Rick Hancox tells CHSJ News with technology, much of the illegal activity originates outside the province.

He says they see solicitation through the phone, internet and email where a potential investor gets a call depending on what is leading the business news.
Hancox says this could be oil, gas or foreign exchange and usually offers a rate of returns that sounds too good to be true.