The Guyana Securities Council (GSC) is warning the public that four entities which have been conducting business within the securities sector of Guyana are not properly licensed.
A notice in yesterday’s edition of the Stabroek News explains that Accelerated Wealth Inc, Forex Trading, Yuri Garcia-Dominguez and Ateeka Ishmael are not licensed to conduct securities business in Guyana or to solicit investment from the public and do not have any securities registered with the GSC that can be legally offered to the public.
In addition GSC does not have before it any applications from these entities or persons to obtain securities dealers’ licences or to register any of their securities.
The council has reminded that the Securities Industry Act 1998 requires all persons conducting securities business or investment advice business in Guyana to be licensed by the GSC to do so and also requires that securities must be registered by the Council before they can be offered to the public.
Persons who may have engaged in investments with any of these persons or companies are asked to contact GSC via email at info@guyanasecuritiescouncil.com, telephone numbers 227-4235 or 223-5189 or by visiting the office at the Bank of Guyana Building.
A second notice from the council is asking anyone who knows the whereabouts of Deomattie Chinapen of 159 Regent Road Bourda to make contact with the council.
