The SEC and other regulators have been attempting to reign in illegal activity in the crypto sector for years, but their crackdown has picked up steam in the wake of the collapse of crypto. The Company Registration System (CRS) is the full automation and online pre-processing of corporations and partnerships, licensing of foreign corporations, amendments of the articles of incorporation and other corporate applications requiring SEC approval. Q2: Is Novatech Registered With The SEC? Ans: The NovaTechFx is a product of the NovaTech Ltd Partnership. After keying your options, click the Search Corporations icon to generate your search results. A REIT, or real estate investment trust, is a company that owns – and typically operates – income-producing real estate or real estate-related assets. The awareness marks the primary regulatory motion in opposition to NovaTech FX by way of a US regulator. TORONTO, March 17, 2023 /CNW/ - The Canadian Securities Administrators (CSA) is warning the public that Nova Tech Ltd (NovaTech), which operates the website. falsely representing that NovaTech is a registered investment adviser; c. When selling securities, it's essential that you understand the difference between a registered and unregistered offering. 04. falsely representing that NovaTech is a registered hedge fund in the United States; b. NovaTech FX has been issued a securities fraud stop and desist by California’s Division of Monetary Safety & Innovation (DFPI). Since at least 2014, Bittrex has held itself out as a platform that facilitated buying and selling of crypto assets that the. Investment Advisers Act of 1940. , FIA Forms/ Authenticated Board Resolutions) [email protected] your Novatech, L. Any person who is selling restricted or control securities must comply with Rule 144 to be certain of the exemption from registration provided by Section 4 (a) (1) of the Securities Act. ph. claims to be located in Florida and it also claims to offer trading services by an experienced team of traders. Many states have adopted exemptions that are similar to the federal exemptions for venture capital advisers and private fund advisers. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. Enter their name in our Investment Adviser Public Disclosure (IAPD) website to see if they're registered. Question: Can a company that files a Section 12(g) registration statement on Form 10, Form 20-F, or Form 8-A delay the effectiveness of the registration statement to a date after the 60-day period specified in Section 12(g)? Answer: No. They've got their ducks in a row and are committed to operating within the boundaries of the law. Pyramid schemes. During the course of the investigation, the Commission found evidence that NovaTech appeared to have traded securities without registration and without an exemption to the registration NovaTech Ltd. SEC CERTIFICATION EXAMINATIONS SCHEDULE IN NOVEMBER AND DECEMBER 2023 AT THE SEC. Minimal Doubts. Whether NovaTech FX commits securities fraud with cryptocurrency or any other medium is neither here nor there. NovaTech may have traded securities without registration and without an applicable exemption from the registration requirement contrary to s. , Suite 20-100 New York, NY 10004-2616 Phone: 212-336-1100 E-mail: [email protected], the owner can also provide an authorization letter stating that the registered user is authorized by the owner. C. 1. Find the latest SEC Filings data for Nova Tech Enterprises Inc (NTEI) at Nasdaq. In general, anyone can see the information and documents your company files. NovaTech LTD is the stated owner of the company. Securities and Exchange Commission (SEC) proposed a rule that would effectively require registered investment advisors (RIA) to go outside the crypto industry for storing. Inch Calculator. 22, 2020 —. For investment advisors, visit the SEC’s Investment Adviser Public Disclosure. However, in certain cases, state law will have additional requirements (e. has accepted funds from British Columbia (BC) residents. Careers; Commissioners; Contact; Reports and Publications; Securities Laws; Mission; Divisions & Offices. Notice to Members - FYI - August 2000. NovaTech may have traded securities without registration and without an applicable exemption from the registration requirement contrary to s. Subscribe. Securities And Exchange Commission - SEC: The U. It was kind of obvious that this was a scam from the beginning. Certain internet advisers who provide advice through an interactive website may register with the SEC. This is the equivalent of a securities fraud warning in other jurisdictions. ). 00. The company subsequently registered the class securities under Section. The Securities and Exchange Commission has adopted new rules to improve the governance of all registered clearing agencies by. 1. Only qualified investors, or. The SEC Electronic Filing and Submission Tool (eFAST) is an online facility to be used for submitting the Audited Financial Statement (AFS), General Information Sheet (GIS), Sworn Statement for Foundations (SSF), General Form for Financial Statements (GFFS), Special Form for Financial Statement (SFFS) and other reportorial requirements. io” was registered on 6-17-2019. Ontario Securities Commission (OSC) Date. The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. Novatech makes magnets, specializing in neodymium magnets, which are used in electric vehicles, household appliances and wireless chargers. Contact Email support@novatechfx. 8. ) Affidavit of Non-Operation certified under oath by the President and Treasurer; c. aka NovaTech, Ltd. 1, Series of 2004 2 Sections 11, 12, Part D (Company Registration and Monitoring Department) SEC Memorandum Circular No. NovaTech Automation Acquires TestSwitch LLC’s Product Line, Expanding Its Critical Infrastructure Solutions Portfolio. NovaTech, LTD. a. crypto platform. EDGAR full text search. 2. is not registered with a securities regulator in any province or territory. 1 Prior to 2006: Refer to the Guidelines on Foundations under SEC Memorandum Circular No. Unfortunately, there are still firms that work without our authorisation. Corporation Finance;. The complaint seeks injunctive relief, disgorgement, and civil penalties. Mutual Funds / Registered Issuer of Proprietary Shares or Certificates and Timeshares – MSRD Securities Registration Division. 2. 202 of this chapter). , May 17, 2023 — The only mention of a return on investment percentage is the 1% bonus that VIP members will get every month on top of all other package tiers. Eddie Petion is not currently registered as a securities salesperson or broker-dealer in the state of Washington and has not previously been so registered. NovaTech is doing securities fraud. They sold these securities without registration and without prospectus disclosure. Enforcement orders for Nova Tech Ltd. All companies, foreign and domestic, are required to file registration statements, periodic reports, and other forms electronically through. Both firms and individuals must be registered with FINRA to conduct securities transactions and business with the investing public. The Series and Class Report provides basic identification information for all active registered investment company series and classes have been issued IDs by the Commission. Group B Issuers of registered timeshares, proprietary and non-proprietary membership certificates, and corporations applying for the registration of. ’s foreign affiliate, Bittrex Global GmbH, for failing to register as a national securities exchange in connection with its operation of a single shared order book along with Bittrex. , mortgages). 8818-7163 8818-0763. VISION. For a shareholder to sell securities (such as stock, bonds, equities) on the public stock market, the securities and sale need to be registered with the U. 1. To help inform and protect investors, the ASC provides a list of companies and individuals that. 3. The truth is that NovaTech is not regulated by any regulators. Enter CAPTCHA. The term "audit" means an examination of the financial statements, reports, documents, procedures, controls, or notices of any issuer, broker, or dealer by an independent public accounting firm in accordance with the rules of the Board or the. Most candidates devote. If you would like to earn extra income to supplement y. The SEC as the corporate register of domestic companies and foreign corporations doing. S. NovaTech, LTD. it would need a lot of money and SEC approval. The Ontario Securities Commission has issued a NovaTech FX securities fraud warning. The SEC Express System is an alternative mode of securing copies of Corporate or Partnership documents without having to personally come to the SEC. Trust Indenture Act of 1939. The NovaTech FX FBI audit claim was made on a September 22nd “Compounding for Wealth. The Southeastern Conference (SEC) is an American college athletic conference whose member institutions are located primarily in the South Central and Southeastern United States. 2 Chung Ching South Road, Section 1, Taipei, Taiwan, ROC. As per the CBR’s August 9th warning, NovaTech FX exhibits “signs of an illegal professional participant in the securities market”. Alberta Securities Commission (ASC) Date. Lack of actual trading activities: There needs to be evidence to support the fact that the basic trading activities are happening on Novatech FX. Mr. c. Today, the Scam Detector's validator finds novatechfx. NovaTech FX has added the US and Canada to its list of “restricted areas and regions”. , April 29, 2021 —. l. , Sept. High-Yield Investment Programs. Based on Canadian securities regulators , it has been identified that Nova Tech Ltd. is not registered to trade in, or advise on, securities or derivatives in BC. Ontario investors who have been approached by NovaTech or purchased its investment products should contact the OSC’s Inquiries and Contact Centre at 1-877-785-1555 or inquiries@osc. Be cautious, as some allege it operates like a pyramid scheme. To provide brokerage services, strict regulations are needed to follow while NovaTech is even failing to provide the correct address. U. Also, it is said that the company’s founder was involved in some scams. The Securities and Exchange Commission today proposed rule changes to enhance protections of customer assets managed by registered investment advisers. NovaTech FX Securities Fraud: California Threatens Legal ActionFree SignUp: Coach Marc: Register Now. National Registration Search. We took the time to research the information about the domain name and here is what we found: The domain name “navatechfx. Please refer to the dedicated section below for a more detailed exploration of these red flags. SEC Charges Kraken for Operating as an Unregistered Securities Exchange, Broker, Dealer, and Clearing Agency. False or misleading statements about a company (including false or misleading. Cover Sheet for Registration. Return in respect of buy back of securities Letter of Offer Notice of. Business Incorporated: 2/14/1994. NovaTech has recently made a lot of changes to their withdrawal rules. The SEC filed a second complaint alleging that Jonathan Tetreault violated the securities and broker-dealer registration provisions of the federal securities laws. Insider Report Late Fee Payment. NovaTech has never been registered with the Commission in any capacity and has never filed a prospectus with the Commission. NovaTech Ltd. As required by the Foundations for Evidence-Based Policymaking Act of 2018, the Securities and Exchange Commission (SEC) publishes information about the Chief Data Officer and SEC data governance materials. falsely representing that NovaTech is a registered broker; d. The first step of the process is to reserve your name online. Enter Username. Question 116. S. The financial repercussions of this pandemic have certainly brought scammers and fraudsters to the fore. Get insights into your Novatech, L. , NovaTech Advisors, LLC,. com 's industry. Washington D. Washington D. Primary Registration. #novatech #novatechfx #nova #llc #passiveincome #ponzi #pyramid #pyramidscheme #viral #viralvideo #youtubevideo #trending #bitcoin #crypto #cryptotrading #cr. . securities regulators. I can confirm NovaTech the MLM opportunity is not registered with the SEC in the US. , found at and is not registered in Ontario to engage in the business of trading in securities. claims to be located in Florida and it also claims to offer trading services by an experienced team of traders. Cryptocurrency services are offered through Robinhood Crypto, LLC (RHC) (NMLS ID: 1702840). According to the SEC’s complaint, since at least 2019, Coinbase has made billions of dollars unlawfully facilitating the buying and selling of crypto asset securities. Rules 147 and 147A. The list below provides links to litigation releases concerning civil actions brought by the Commission in federal court. Any security without a registration statement on file with the Securities and Exchange Commission (SEC) is considered "unregistered. At this time I was explained that NovaTech is a short term foreign exchange cryptocurrency trading company much like a hedge fund that you could get into for as. CAPTCHA Security code. 2,500,000 and its paid up capital is Rs. The enrollment process of all registered corporations/ partnerships will start on 15 March 2021. NovaTech announced a temporary freeze in trading account. , apartment or commercial buildings) or real estate-related debt ( e. Onique Campbell • Oct 13, 2022 Novatech Office Home Request Your Novatech Portfolio Is Novatech a Registered Hedge Fund? Consumer Notice: Is Novatech a Registered Hedge Fund? A hedge fund is a private investment fund that is used by institutional investors and high-net-worth individuals. Respondents are violating Section 4004. The truth is that NovaTech is not regulated by any regulators. , mutual funds, closed-end funds, and unit investment trusts) and supersedes the “Investment Company Registration Package” that was previously distributed in a printed format. 23, 2023 —. The OSC’s decision was made. MC No. The Investor Office leads the efforts at the OSC to identify and address investor issues and concerns. This means you can use their platform with confidence, knowing that they're on the up-and-up. falsely representing that NovaTech is a registered broker; d. The SEC therefore has promulgated rules and regulations for all registered transfer agents, intended to facilitate the prompt and. i This guide was prepared by the staff of the U. Chapter 12: Follow-On Offerings and Shelf Registrations. Legal Name NovaTech, LTD. The. ⚠️ 03/02/2023 : Alberta Securities Commission Warned Against NovaTechFX. 03. SEC and Markets Data. 2. Starting 19 April 2021, new applications for registration of One Person Corporations, Corporations with 2-4. We urge BC residents to exercise. To check the status of this licensee, visit Financial Services and Mortgage Lending Licensees Search. Enter CAPTCHA. C. That NovaTech FX is a scam is also a certainty, owing to it being a Ponzi scheme. We offer high quality products designed to improve the customer's residential experience, with a range of architectural products for the residential market. There you can find out if your investment professional and his/her firm is licensed with the SEC, with a state (s), and/or with FINRA (the Financial Industry Regulatory Authority). falsely representing that NovaTech is a registered hedge fund in the United States; b. Victims of NovaTech FX are advised to contact the SEC. gov | HOMEBrinen & Associates provides dedicated legal services for securities matters in a wide range of industries and works with clients to ensure SEC compliance. Register Now. 16, 2023 —. “Registered investment advisers — more than 15,000 of them in total — play a critical role in our economy, advising more than 60 million accounts with. The email addresses will serve as a means to send out the SEC Bulletin to its subscribers. Each business is registered with business name, principal address,. Where the applicant has no operation since incorporation, submit: a. ICOs, or more specifically tokens, can be called a variety of names, but merely calling a token a “utility” token or structuring it to provide some. Despite this and the Petions being based out of the US, NovaTech FX is not registered with the SEC and CFTC. I can confirm NovaTech the MLM opportunity is not registered with the SEC in the US. The Securities and Exchange Commission today announced it had finalized reforms under the Investment Advisers Act to modernize rules that govern investment adviser advertisements and payments to solicitors. Washington D. com. ADMINISTRATIVE PROCEEDING File No. Advisers to business development companies, when the adviser has at least $25 million of RAUM, must register with the SEC. All these topics factor into a financial advisor's day-to-day work. “Non-Stock Corporation” – refers to a corporation with no authorized capital stock and no part of its income is distributable as dividends to its members, trustees, or officers. Online Services SEC Company Registration System SEC eSPARC Electronic System for Payment to SEC (eSPAYSEC) SEC Capital Market Participants Registry System SEC Online Submission Tool MC28 Submission Portal SEC Express System SEC Express Nationwide Submission SEC Express Submission Appointment System Registration. Fixed Income. dealer, and clearing agency without having registered any of those functions with the Commission as required by law. If adopted, the changes would amend and redesignate rule 206 (4)-2, the Commission’s custody rule, under the Investment Advisers Act of 1940 and amend. Its scheme is being driven by an international confederation of multilevel marketers that have collectively earned around. 3-21800. com. CIK Lookup. 24 hours a day, 7 days a week. Companies commonly utilize available exemptions from Securities Act registration under Regulation D, Section 4(a)(2) and Regulation S of the Securities Act. The Securities and Exchange Commission unveiled a barrage of charges against two of the world's largest crypto. The. Update May 3rd, 2023 – NovaTech FX Misses Securities Fraud Hearing, OSC Extends Temporary Order. Registered Security: 1. 3. DFPI’s November twenty second stop and desist applies to: NovaTech LTD (St. Find a company or person EDGAR filings by their SEC Central Index Key (CIK). Basic Requirements. GroupMe. Novatechfx has registered the domain name for novatechfx. Specifically, the amended rule provides that the standard T+1 settlement cycle does not apply to contracts for the sale for cash of securities that are priced after 4:30 p. g. SEC Registration in the Philippines. Advisers who are exempt from investment adviser registration with the SEC must still comply with applicable state law. Inquiries on Pending Applications/ Submission of Supplemental Requirements for Registrant Corporations with Less Than Five Incorporators (e. SEDI. If you would like to earn extra income to supplement y. Go through the matching results one by one and sort them out. gov . Nicholas’ claim suggests NovaTech FX’s ongoing withdrawal issues might be the result of the SEC and/or DOJ closing in on owners Cynthia and Eddy Petion. Enter Username. NovaTech Ltd, Cynthia Petion, and Eddie Petion violated RCW 21. Lack of authority body: The company needs to be registered with the Securities and Exchange Commission (SEC). ) Balance Sheet certified under oath by the Treasurer and President; b. C. , found at and is not registered in Ontario to engage in the business of trading in securities. , Dec. The U. Novatech is a great company that has had to make some well thought out decisions regarding halting trading account withdrawals for 60 days. VDOM DHTML tml>. 2019 – Guidelines on the Adoption of Centralized (One-Stop-Shop) Framework for Accreditation/Selection of External Auditors/Auditing Firms of the Securities and Exchange Commission, Bangko Sentral ng Pilipinas and Insurance Commission’s Regulated and Supervised Institutions. Toronto – The Canadian Securities Administrators (CSA) is warning the public that Nova Tech Ltd (NovaTech), which operates the website is not registered with a securities regulator in any province or territory in Canada. Three (3) duly accomplished and notarized registration form for Self-Regulatory Organization (SEC Form 39) ; 2. The broker is not licensed in any capacity, it advertises trading on MetaTrader5, but doesn’t offer a distribution of its own, and appears to charge hefty commission fees. We urge BC residents to exercise. Is NovaTechFX registered with SEC? How much does it cost to start NovaTech? All these questions are answered in this NovaTech FX review. , Feb. Filing fee for stock corporation: Registration fee for Articles of Incorporation and By-Laws of a non-stock corporation is P2,020. 2021: SEC Number: SEC1981. Oct. 98 dated April 28, 1999 on Tax Identification Number (TIN) M. The covered companies are registered corporations and branches or subsidiaries of foreign corporations operating in the Philippines that (a) sell equity and/or debt securities to the public that are required to be registered with the Commission, or (b) have assets in excess of Fifty Million Pesos (Php50,000,000. Enter CAPTCHA. b. Unlike a regular corporation that has a need for at least four other. registration of market participants. TORONTO, March 17, 2023 /CNW/ - The Canadian Securities Administrators (CSA) is warning the public that Nova Tech Ltd (NovaTech), which operates the website is not registered. If a small business is offering and selling securities, even if to just one person, the offer and sale of the securities must either be registered with the SEC or conducted in accordance with one of the many registration exemptions under the Securities Act. Note: . NovaTech Ltd. This email addresses are to be incorporated in the mailing list created for the SEC Bulletin. failing to disclose that the offer or sale of NovaTech’s securities was not qualified in California; Lack of actual trading activities: There needs to be evidence to support the fact that the basic trading activities are happening on Novatech FX. NovaTech has never been registered with the Commission in any capacity and has never filed a prospectus with the Commission; k. (a) SEC Form 12-1, As Amended Prospectus Form used for registration of securities that are to be sold or offered pursuant to Section 8 and 12 of the Securities Regulation Code. Last time I checked, the FBI doesn’t do audits for companies… Plus, they are not registered with the SEC to offer securities but the FBI approved them…⚠️ 13/12/2022 : NovaTech FX has received a securities fraud notice from Saskatchewan’s Financial and Consumer Affairs Authority. The company offers trading in forex pairs, commodities, indices, and stocks, using the MT5 trading platform. To check the status of this licensee, visit Financial Services and Mortgage Lending Licensees Search. 17, 2023 /CNW/ - The Ontario Securities Commission (OSC) is warning investors that Nova Tech Ltd (NovaTech), which operates the website is not registered with the. All SEC-registered investment advisers must maintain true, accurate, and current books and records, as specified in Rule 204-2. m. failing to disclose that the offer or sale of NovaTech’s securities was not qualified in California;Novatech was registered in 2019, so it is still relatively new. Securities law is the same in any country that regulates financial markets. The final rule is designed to benefit investors and reduce the credit, market, and. Registered Clearing Agencies. The main purposes of these laws can be reduced to two common-sense notions: Companies offering securities for sale to the public must tell the truth about their business, the securities they are selling, and the risks involved in investing in those securities. Even if the offering is not subject to state registration or. A copy of the Articles of Incorporation. 34-48180, File No. If you have further questions or need more assistance, please call the DFPI's Consumer Services Office at: 1-866-275-2677. Speak with a Specialist: 866-488-2024. Submit a insider report late fee payment. 5 million visits to NovaTech FX’s website in October 2022. Kraken’s alleged failure to register these functions has deprived investors of significant. 2. The Company offers drying systems, blenders and feeders, pneumatic conveying systems, in-line, and real time moisture analyzers for plastic resins, central drying, and conveying systems. Investors should also be aware that the company has been accused of engaging in fraudulent activities and should be wary of any promises of high returns or other incentives. Only qualified investors, or. It is a company with a clear mission to improve the global community we live in. Is Novatech registered? 4. Some ETFs are passively-managed funds that. generated via forex trading, neither NovaTech FX, Cynthia and Eddy Petion, or any of the above named promoters are registered with the SEC or CFTC. The Securities and Exchange Commission today voted to adopt amendments to the financial disclosure requirements for guarantors and issuers of guaranteed securities registered or being registered in Rule 3-10 of Regulation S-X, and affiliates whose securities collateralize securities registered or being registered in Rule 3-16 of. 401k, and make informed retirement decisions today. DOCUMENTARY REQUIREMENTS FOR REGISTRATION OF CORPORATIONS AND PARTNERSHIPS. CAPTCHA Security code. February 10, 2023. com for more than one year, which may indicate stability and longevity. NovaTech, a trading name of NovaTech LTD, is allegedly a forex broker founded in 2019 and registered in Saint Vincent and the Grenadines that claims to provide its clients with various tradable financial instruments with leverage up to 1:100 on the MT5 trading platform, as well as 24/7 customer support service. The Canadian Securities Administrators (CSA) is warning the public that Nova Tech Ltd (NovaTech), which operates the website is not registered with a securities. Paquiz, identifying the purpose of the request and the specific data elements needed, such as: 1. NovaTech still committing securities fraud; check. 25(1) of the Act;March 17, 2023. •. NovaTech Ltd. 4. C. The Securities and Exchange Commission today adopted rule changes to shorten the standard settlement cycle for most broker-dealer transactions in securities from two business days after the trade date (T+2) to one (T+1). About The SEC. 551. They continued to do so in the face of a cease trade order issued by the Ontario Securities Commission. The Canadian Securities Administrators (CSA) is warning the public that Nova Tech Ltd (NovaTech), which operates the website is not registered with a securities. The Securities and Exchange Commission has adopted new rules to improve the governance of all registered clearing agencies by reducing the likelihood that conflicts of interest may influence their boards of directors or equivalent governing bodies. They've got their ducks in a row and are committed to operating within the boundaries of the law. The SEC also charged Bittrex, Inc. Third, because they are offering a trading bot with certain ROI revenue, they must be registered with the SEC in the USA and any other financial regulator in the country they are operating in. is not registered to trade in, or advise on, securities or derivatives in BC. The income-producing real estate assets owned by a REIT may include real assets ( e. FOR IMMEDIATE RELEASE 2022-194 Washington D. NovaTech is much more than a company delivering reliable trading services. 05/10/2001. SEC Videos; Media Gallery; List of Companies. WHY COLLECT The collected email addresses will be utilized solely for the mailing list. 07 s. An idiosyncrasy of the federal securities laws is that the term “regulation” often refers to a collection of rules for example, Regulation S-K and Regulation SHO. However, this does not. any exemption contained in Ontario securities law does not apply to NovaTech. Full experience and technical expertise to fabricate process equipments. 4. The registration provisions of The Securities Act, 1988 and accompanying regulations are intended to ensure that only honest and knowledgeable people are registered to sell securities and that their businesses are financially stable. Securities that are not registered or that are labeled as "restricted" or "controlled" generally cannot be sold or resold on the public market. Related Posts: NovaTech Review: N-Tech trading bot Ponzi scheme - Aug 7th, 2019; NovaTech FX securities fraud cease & desist from California - Nov 26th, 2022; NovaTech FX Ponzi scheme collapses, withdrawals disabled - Feb 6th, 2023; 4th NovaTech FX fraud warning from Canada (Saskatchewan) - Dec 24th, 2022 TelexFree. Step 2: Select Your Entity. com. CAPTCHA Security code. Securities that are unavailable for sale due to restrictions placed. Search individual or firm registration. Registration: 1. gov Antonia M. $1,254. Information about the form and content of required financial statements is set out in Regulation S. Manipulation of a security's price or volume. The Securities and Exchange Commission oversees securities exchanges, securities brokers and dealers, investment advisors, and mutual funds in an effort to promote fair dealing, the disclosure of important market information, and to prevent fraud. SEC Form 12-1-ETF. Amendment of One Person Corporation. Vincent and the Grenadines. 00) and at least two hundred (200. remember me on this device. C. Notice filings. . 3. If the class of securities to be registered will trade in the form of American Depositary Receipts, furnish Item 202(f) disclosure for such American Depositary Receipts as well. FOR IMMEDIATE RELEASE 2023-95 Washington D. Securities fraud is illegal regardless of the medium used to commit it (cryptocurrency, tulips, beanie babies etc.