Financial Markets Authority

Year 2011Regulated by Government

The Financial markets Authority (FMA) is a New Zealand government agency responsible for enforcing securities, financial reporting and company law as they apply to financial services and securities markets. The FMA also regulates securities exchanges, financial advisers and brokers, auditors, trustees and issuers - including issuers of KiwiSaver and superannuation schemes. It jointly oversees designated settlement systems in New Zealand, with the Reserve Bank of New Zealand (RBNZ). FMA is a member of New Zealand’s Council of Financial Regulators.

Disclose broker

Danger Unauthorized

Pro Markets

Disclosure summary

Disclosure matching Website matching
Disclosure time 2020-09-14

Disclosure details

Promarkets

14 September 2020 Promarkets SHARE THIS ENTITY NAME: Promarkets WEBSITE: www.promarketsonline.com EMAIL: info@promarketsonline.com REASONS FOR WARNING: The FMA recommends exercising caution before dealing with Promarkets and their website www.promarketsonline.com. Promarkets is not registered on the FSPR and not an incorporated company in New Zealand. Promarkets has been falsely advertising showing New Zealand celebrities promoting Promarkets when this is not the case. Individuals from Promarkets have then been contacting New Zealanders claiming they can gain high profits/yields and are endorsed by New Zealand celebrities which has the hallmarks of a scam.

Annex

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More regulatory disclosure

Warning

2019-08-08

List of Unlicensed Companies and Suspicious Websites