The Swedish Financial Supervisory Authority, Finansinspektionen, is a public authority.
Finansinspektionen issues warnings about companies when there are grounds to suspect that they are offering Swedish consumers and investors financial services or products without the necessary authorisation from Sweden or EU.
FI also publishes warnings from other countries. According to an agreement within the Committee for European Securities Regulators, CESR, all warnings from supervisory authorities in the EU are published. Warnings from authorities in countries outside the EU are published if it is brought to their attention that the company has contacted Swedish consumers or investors.
FI issues warnings about the companies as soon as they have knowledge about them.
Guess who made their list! Yes, that's right, those rip off artists at Antiques Supermarket are on the Investor Alerts list of the Swedish consumer protection agency! (see their website here http://www.fi.se/Templates/AlertListPage____6164.aspx?query=A).
We can only hope these antique cheats will soon be out of business!
Tuesday, October 13, 2009
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