What is financial regulation? Financial management regulation is your ultimate guarantee that your investments are entrusted to competent professionals. This list will assist you in identifying the most prominent, respected and dependable financial regulators and licensing authorities.
The governments of all major industrialized countries oversee their financial regulatory agencies in order to safeguard the interests of their citizens. They are subject to extensive executive, judicial, legislative, and public oversight. Their responsibilities include licensing of brokerages and brokers and monitoring their activities. That helps ensure maximum protection for investors.
Alert consumers should beware, however, that weak bodies calling themselves regulatory commissions may also exist. That is especially true in the offshore countries in which many online brokerages claim to be located. Due to the limited governmental infrastructure in these countries – which tend to be underpopulated and underfinanced – the capacity of such agencies to carry out its monitoring function is nominal at best and non-existent at worst.
In addition, some unscrupulous financial investment sites may claim to be members of or regulated by independent industry regulatory associations. In reality, these associations are fictitious. By mentioning them, the operators of these sites are attempting to assure you that the services they offer are reliable when, in fact, they are not.
MyChargeBack regards phishing and spoofing attempts against our clients very seriously. We advise you to verify that the email you receive from MyChargeBack is indeed sent from mychargeback.com. If you are sent any type of communication carrying our name that looks suspicious, please forward a copy to us at [email protected].
Disclaimer: MyChargeBack provides free consultations. Chargeback and other fund recovery programs contracted thereafter are subject to retainers, fees and/or commissions depending on the individual case history and the type of service selected. MyChargeBack does not offer any financial investments or advice.