Warning against Shanghai Mercantile Exchange

Type of Scam: Fake regulators and/or market operators

Address(es): World Finance Tower, Lujiazui Central Financial District, Shanghai, China

Website: www.shmex.org

Remarks: The above entity falsely claims it operates leading regulated exchanges, trading platforms and clearing houses. Levin Mayer, an unlicensed entity on the Alert List, claims that it conducts futures trading through Shanghai Mercantile Exchange.