TBBOB 
The United States Securities and Exchange Commission published a list of fake financial regulators that will give you a false sense of security.
The importance of financial regulation
On our website we often stress the importance of financial regulation and the importance to invest and trade with regulated platforms only.
There are several reasons for that that can be summed up under the term consumer protection.
When you invest your money with regulated companies, you know that somebody had a look at those companies and made sure that they follow at least some basic rules.
For example, regulated investment companies have to hold clients’ funds in segregated accounts. In some countries deposits with regulated brokers are even insured up to a certain amount, so you don’t lose your money if the broker goes bankrupt.
Scammers often like to criticize and talk down regulation saying that it means nothing. While it is true that regulation can’t guarantee that you won’t fall victim to a scam, the likelihood is greatly diminished compared to unregulated companies.
We have reviewed thousands of investment scams and 99% of them were run by entities that were not regulated. That is the way it is, scams are way more prevalent among unlicensed entities.
Fake financial regulators warning by the SEC
We have explained the importance of financial regulation, it gives consumers some protection. So it is only logical that investors prefer to invest with regulated entities.
But here comes a very dirty trick that some fraudsters use – they create fake regulators that approve their scam services to give you a false sense of security.
This is very dangerous and requires research for you to be able to see through that trick. Because normally when an investment service says it is regulated, you verify on the website of the concerned regulator that the company has a license and that’s it.
But in this case you will be verifying it on a website of a fake financial regulator. To expose this trick you need to do a research about that regulator too and make sure that it is legit.
Fortunately, the US Securities and Exchange Commission published the following list of fake financial regulators. It for sure does not cover all the fake regulators, because scammers keep creating new ones, but it exposes a lot of them, more specifically 219.
When you see an investment service claiming to be regulated by one or more regulators from the list below, you can be pretty much sure that it is a scam. A basic following research should confirm it.
So the safe approach is to stay away from every company on this list and from every offer that claims to be regulated by any of the regulator on this list.
To make it clear, all the financial regulators listed below are fake, they don’t regulate anything, they have no mandate and they don’t provide any protection to investors and consumers.
List of fake regulators by the SEC
| Acquisition & Development Consulting, Inc. |
| American Financial Group |
| Anti Cyber Crime & Financial |
| Argentinian Securities Commission |
| Board of Financial Affairs |
| Board of International Equities |
| Board of Securities and Financial Services |
| Board of Securities Trading Commission |
| Bureau of Compliance and Regulatory Board |
| Bureau of Financial & Protection Services |
| Bureau of Financial Trading |
| Bureau of Global Financial Trade Services |
| Bureau of International Securities Trading |
| Center for Securities Investigation Department |
| Center Point Financial Regulatory Board |
| Central Equities Administrators |
| Central Finance Regulatory Commission |
| Central Stock Regulators |
| Central Trade & Financial Authority |
| Chicago Division of Securities |
| Chicago Trading Regulatory Board |
| Commission on Financial & Securities Compliance |
| Commission on International Trade and Economics (COITE) |
| Department of Financial Compensation |
| Department of Financial Conduct |
| Department of Financial Regulators |
| Department of Financial Securities Board |
| Department of Financial Trading |
| Department of Global Pacific Mergers & Acquisitions |
| Department of Interagency Protection Bureau |
| Department of International Financial Trading |
| Department of Law and Public Safety |
| Department of Orderly Liquidation |
| Department of Regulation in Washington |
| Department of Securities |
| Department of Securities and Exchange Regulation |
| Department of Securities Liquidations |
| Department of Securities Trading |
| Division of Securities |
| Division of Securities for the District of Columbia (DOSDC) |
| Eastern Security Trading Commission |
| East West Financial & Securities Compliance |
| Economic and Financial Services Commission |
| Equities Trading Commission |
| Federal Division Of Securities, NY |
| Federal Financial Regulatory Board |
| Federal Financial Services Commission |
| Federal Recapitalization Fund |
| Federal Regulatory Board |
| Federal Securities and Investments Regulatory Commission (FSIRC) |
| Federal Securities Commission |
| Federal Securities Regulatory Agency |
| Federal Security Trading Regulatory Board |
| Federal Stock Commission |
| Federation Against Investor Fraud Committee |
| Finance Regulation Board |
| Finance Regulation Bureau |
| Financial & Regulatory Oversight Board |
| Financial Action Task Force |
| Financial Compensation Authority |
| Financial Conduct United States of America |
| Financial Fraud Enforcement Task Force |
| Financial Options Security Exchange |
| Financial Protection Commission |
| Financial Protection Intelligence Unit |
| Financial Regulation Bureau |
| Financial Securities and Equities Bureau (FSEB) |
| Financial Securities and Investments Commission |
| Financial Securities Authority |
| Financial Services Commission |
| Financial Services Department |
| Foreign Investors Surveillance Authority |
| Forensic Accounting and Financial Fraud Investigator |
| Global Compliance Agency |
| Global Financial Protection Commission |
| Global Fraud Prevention |
| Global Investments Compliance Center |
| Global Securities and Trading Regulatory Commission |
| Global Securities Crime Investigators |
| Global Securities Protection Agency |
| Global Securities Regulatory Commission |
| Great Harbor Compliance Regulatory Board |
| ICSID Lawyers |
| Integrated Financial Regulatory Board |
| Intercontinental Financial Protection Commission |
| InterContinental Financial Regulatory Board |
| InterGlobal Financial Registrar |
| International Association of Transfer Agents |
| International Board of Mergers & Acquisitions |
| International Board of Trade Commission |
| International Claims Commission |
| International Commission of Securities |
| International Compliance Assistance Center |
| International Equities Administrators |
| International Exchange Commission |
| International Financial & Regulatory Commission |
| International Financial Forensics Organization |
| International Financial Market Regulatory Agency |
| International Financial Oversight Commission |
| International Financial Securities Regulatory Commission |
| International Financial Trading Commission |
| International Fraud Alert |
| International Fraud Assessment Agency |
| International Information Exchange |
| International Investments and Securities Commission |
| International Investor Protection Coalition, a.k.a. IIP Coalition |
| International Network for Investor Action and Protection |
| International Organization of Registrar and Clearing Agents (IORACA) |
| International Organization of Transfer and Registrar Agents |
| International Protection and Surveillance Authority |
| International Regulators Board |
| International Securities Accreditation Authority |
| International Securities Administrators |
| International Securities and Equities Board |
| International Securities Authority |
| International Securities Board |
| International Securities Commission |
| International Securities Regulators |
| International Securities Regulatory Agency |
| International Securities Regulatory Division |
| International Securities Validation Division |
| International Shareholders Compliance Department |
| International Share Verification Department |
| International Stock Regulators |
| International Stock Transfer Administration (ISTA) |
| International Trading Board |
| International Trading Commission |
| Intertrade Compliance Board |
| Investment and Securities Recovery Council |
| Investment and Security Fraud Protection Agency Two Prudential Plaza |
| Investor Protect Bureau |
| Investor Protection Enforcement Council |
| Metropolitan Financial Institutions Supervisory |
| National Compliance Regulatory Board |
| National Financial and Economic Compliance Center |
| National Financial Commission |
| National Financial Market Regulatory Board |
| National Financial Supervision Authority |
| National Securities Authority |
| New York Board of Regulators |
| New York Compliance Regulatory Board |
| New York Regulatory Division |
| New York Securities Division |
| Office of Financial Affairs |
| Offshore Securities Commission |
| Overseas Financial & Regulatory Oversight Board |
| Overseas Financial Authority |
| Overseas Investors Information Network |
| Overseas Security Trading Protection Commission |
| Pennsylvania Division of Securities |
| Regional Financial Services Commission |
| Regional Regulatory Board |
| Regulatory Advisory Commission |
| Regulatory Compliance Board |
| Securities Administration |
| Securities and Financial Commission (SFC) |
| Securities and Investments Disputes Agency |
| Securities and Investments Protection Committee |
| Securities Board of Regulators |
| Securities Compliance Agency |
| Securities Fraud Protection Authority |
| Securities Registration & Corporate Oversight Commission |
| Securities Regulation, Protection and Litigation Agency |
| Securities Regulation and Recovery Bureau |
| Securities Regulatory Agency |
| Securities Regulatory Authority |
| Securities Trading Board |
| Securities Trading Commission |
| Securities Transfer & Registration Group |
| Securities Validation Department |
| State Securities Commission |
| Stronghold Mergers & Acquisition Regulatory Board |
| The Financial & Regulatory Oversight Board |
| The Regulating Body of Securities and Investments |
| U.S. Board of Merger & Acquisitions |
| U.S. Bureau of Compensation and Liquidation |
| U.S. Compensation Department |
| U.S. Department of Registrars Bureau |
| U.S. District Court of Arbitration |
| U.S. International Bureau for Trading |
| U.S. Mergers and Acquisition Regulatory Board |
| U.S. Municipal Securities & Information Board |
| U.S. Offshore Registry Commission |
| U.S. Offshore Trading Administration |
| U.S. Registration of Securities Bureau |
| U.S. Regulatory Securities Agency |
| U.S. Regulatory Trade & Commission |
| Union Financial Protection Commission |
| United Compliance Regulatory Board |
| United Financial Protection Commission |
| United States Bureau of Securities Registration |
| United States Fair Trade Bureau |
| United States Federal Court of Arbitration |
| United States Federal System |
| United States Financial Services Registry |
| United States Investment Dealers |
| United States Investment Dealers Organization (USIDO) |
| United States Mergers and Acquisitions Regulators |
| United States of America Takeovers & Acquisitions Regulatory Board |
| United States Registration Commission |
| United States Regulators and Administration Commission |
| United States Securities and Acquisitions Administration |
| United States Securities and Investments Commission |
| United States Securities and Investments Dealers |
| United States Securities Liquidations Department |
| United States Securities Regulatory Commision (sic) |
| United States Settlement and Claims Commission a.k.a. Settlement Claims Commission (SCC) |
| United States Trading Committee |
| US Compensation Bureau |
| US Federal Oversight Investment Bureau |
| US Financial Authority |
| US International Investment Trade Authority |
| US International Registry & Compliance Agency |
| US Liquidation and Compensation Board |
| US Registration Authority |
| US Securities Registration Oversight Commission |
| US Shareholders Registry Department |
| Washington Regulatory Division |
| Worldwide Regulators Board |
