Kredittilsynet (The Financial Supervisory Authority of Norway) warns against investment offers marketed by Dragon Securities

Kredittilsynet has been informed that Dragon Securities (address: 502 Hotta-kata, 3-6-10 Hirusaido, Kagurazaka, Shinjyuku-ku, Tokyo 162-0825, Japan) has contacted Norwegian investors and sold shares that are difficult to obtain access to and difficult to realize. The company also offers services from the website www.dragon-securities.com. A market warning regarding Dragon Securities was issued by the Swedish Financial Supervisory Authority in September 2005 because the company offered services in Sweden without necessary authorisation.

Kredittilsynet informs that Dragon Securities has not received any approval to perform investment services in Norway, involving that the company does not have necessary authorisation in accordance with Norwegian law. This also involves that Kredittilsynet does not supervise the company and has not approved the services offered by the company. Kredittilsynet therefore recommends that investors do not enter into agreements or transfer values to Dragon Securities.

Kredittilsynet’s registry contains information on all companies which are authorized to offer investment services in Norway. A list (not complete), of parties in the market which operate without approval, can also be found on Kredittilsynet’s website.

Published: 02.10.2007

Oprettet d. 23.07.2003 og sidst redigeret d. 21.11.2007

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