Enforcement

Related information

Shareholder warnings

The template below can be used by listed firms in shareholder mailings.

Template [PDF]

This list contains the names of unauthorised overseas firms known to be, or to have been, targeting UK investors. Investors should be aware that if they put their money with unauthorised firms they will not get the benefit of the UK compensation and complaint schemes.

If you have been contacted by an unauthorised overseas firm, it would be of assistance to the FSA if you would provide some information on your dealings with that firm by completing our on-line reporting form.


Last firms added - 12/05/08 (shown with an asterisk *)

Unauthorised overseas firms

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

1st Columbus Management

A3 Union
Aberdeen Langley
Acorn Consulting
Acorn Investments
Advantage IEC
Advies Business Invest BVBA
Aims Management
Ainsley Consulting SL (now known as Mercier International Group)
Alberich Gerhard Securities Wordwide (aka A G Securities)
Alexander Holdings / Alexander Holdings Financial Group
Alexander Rothko Associates
Allen Brothers M&A
Allied Advisory
Amherst International
Andaman Asset Management
Anderson & Collins *
Anderson Fitzpatrick (Switzerland) AG
Anderson Price
Anderson-McCormack Group SL
Anglo American Asset Management Ltd
Anglo Swiss Consulting
Anoli Capital International Inc.
Arcfin Group
Argus Global Equities Limited
Arthur Forbes Consulting
Ashby Limited
Ashley Partners Mergers & Acquisitions
Ashton Young and Associates
Asian Foreign Securities and Compliance Department
Associates Financial Advisors
Aston Capital (based in Frankfurt)
Aston Rowe Consulting
Atlantic Capital Management
Atwood & James SA Inc
Aurum Astrum AG


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Baecker Dresner Saltzmann
B A Gelman
Bachmann Roth Advisory
Bagnestone
Bailey and Bennet Mergers and Acquisitions
Barclay Hoffman
Barrett and Packer
Barrington-Lynch
Barringtons Asset Management Limited
Bauer Associates
Bayer Investments
BB & E Consultants LLC
Bell International Asset Management
Belmont Shaw and Associates
Bench Group (The) aka Bench Group Options
BenjaminFisher SL
Berkley Murray Securities
Berkley Wyatt
Berkovic Consultants
Berkshire Tax Consultants
Berrington Stone
Birchfield Consultants
Bishop & Parkes Advisory

Black & White Investments
Blackwell Advisory
Blackwell Capital
Blossom Hill Investments
Bluestar Management
Blundell Oliver

Boska Settlement Corporation
Boulton Price International

Bradley Chen & Associates
Bradstone Healy & Pratt

Braun & Bridgewater Corporation (aka BBGC Corporation)

Breakthrough Venture Partners
Brecon Global
Bremer Financial Limited
Brentwood Hall
Brentwood Trust Company

Breslan Allied Limited
Brookfield Partners
Brown Brothers Harriman (NOT the authorised firm Brown Brothers Harriman)
Burlington Ltd

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Cadogan United Securities
Cambridge Global Inc
Cameron McDonald & Co

Capital One Management Inc
Capital Swiss Partners
Capitol Hill Group

Carlton Birtal Advisory Services SL
Carlton Global Management

Carter James SL
Cathay Asset Management
Certified Financial Consultants Inc
Chamberlain and Co.

Chamberlin Management Inc
Chapman Butler LLC

Chapman Foster Group SL
Charles Drake Associates
Charles Hirsch Capital Management, Inc.
Charles Wurth Associates
Charlton Hayfield & Co
Carlton Webber
Charterhouse International Inc./ Kensington Price Consulting
Chadwick Seymour & Associates
Charinton Group GmbH (The)
Chartwell Financial Services
Chesterfield Financial Associates
Chicago Board of Acquisitions Inc
CISA SL Corporate Investment Services
Citicap Equity Consultants S.L

Clarington Group (The)

Clarkson Gordon Ltd

Clifton Financial Services
Clinton Parker Inc. *
Cohen Green Advisory
Cohen & Partners

Cohen Edwards Asset Management
Colby Mergers
Coleman Brothers
Coleman Kleinfield & Associates
Collett Quinlan M&A

Collins Capital Management
Collins Tate & Murchison
Condor Research
Continental Administrative Services
Cornhill Management SL

Crandale Group
Crane and Sterling

Creston & Childs
Crickmore & Lutz
Crown Fidelity
Crown Point Mergers & Acquisitions Limited
Cyrrus Capital
Cyrrus Capital Ventures
Cyrus Rushwood & Associates

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Damak Group
Delta Trade Financial Group
Dempster, Hampton & Duke
DG Schilling
Direct Settlements pte Limited
Dolphin and Bradbury
Donavan & Yung Partners
Douglas St James

Dunhill Capital

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E1 Asset Management

Edward Tate

Elliot Price & Associates
Elliott & Partners Advisory (HK) Limited
Emerging Equity Group
Empire Compliance
Empire Investments (based in Luxembourg)
Enterprise Analytics Inc
Equity Management Consultants International (EMC International)

Equity Research Group
Ernest Goodman
Esquela Investments Ltd

EuroAtlanticTrading.com
Europa Equity Services
European Investment Group

Eurotraders

Evergreen Equity

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Fairchild Holdings and Advisory Firm
Fairchild Pierce
Fairchild Roth Financial Inc

Fernvale Associates
FIBO Group

Fielding Clifford
Finallianz
Finance Continental Corporation
Finance Continental Inc

First Chartered Capital Corp / First Colonial Trust
First Commodities Limited (incorporated in British Virgin Islands)

First International Equity & Acquisitions Inc
Flemming Advisory
Focus AIM
Forbes First Financial Corporation

Franklin Asset Management (aka Jefferson Management)
Franklin York

Fraser Hunt Levine
Frazer Kennedy

Fridman, Koch and Saul (aka Cambridge Global and Amhers International)

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GAP International Services
Gatemoor Securities Inc
Gatemore Securities
Gemini Mergers and Acquisitions *
Geneva International Finance Group (UK) Ltd
GICE Securities
Global Administrative Providers Inc
Global Advisory Group
Global Clearing Services
Global Equity Management
Global Link Mergers and Acquisitions
Global Market Consultants
Global Micro Finance
Global Stox
Global Trading Center
Global Ventures Capital Partners
Globeshare
Globus Trust Limited
GMA Advisory Services Inc.
Godwynn International
Goldberg Kravitz (now known as Union Partners SL)
Goldfield Consultants
Goodman Management Associates
Goodwin Capital Management (Based in Korea)
Grandby Trading Investment Corporation
Grayson House AG
Great Eastern Securities Inc.
Greenwich Trust Ltd
GS Anguilla
GS Asset Management
GS Equity Group (trading name of Hodgson Brown Ltd)
Guardian Worldwide
Gulf Building Society
Gun Allen Financial Corp


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Hachiro Mergers & Acquisitions
Hamlinton & Goldberg IA
Hamilton Asset Management (based in Spain)
Hamilton Hastings & Associates
Hamilton Pierce
Handel Ross Advisory
Handle and Case

Hannover Markka Capital
Hanson Cooper

Hargill & Black Associates
Harman Stockwell and Partners
Harper Mills and Paige Inc
Harrington Advisory Services/Harrington Advisory,SL
Harrington Kilbride
Harrington Management Ltd
Harrison Gibb
Harrop, Lees, Brown & Co
Hartford Management Group
Hayward Clarke Financiers
HC Consultants SL
HCG International
Henderson & Rockwell Advisors
Henderson Young
Heritage Mergers & Acquisitions Ltd
Hirshall Group

Hilton Advisory (based in Germany)

Hoffman Philips SL
Hollinger Newcastle
Hopewood & Company

Hopkins, Pierce & Co Limited
Howell & Johnson Associates
Hutton Associates

Hyda Florsbanc
Hydrogain Technologies Inc

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IMS
Insta Trade Inc

Integra Advisory Group
Intercap Management Group
International Business Advisors
International Equity Advisors Inc.

International Options Trading (PTY) Ltd
International Zurich Group, (also known as Internationale Zurichgruppe)
Investex Corporation Limited
Investor Relations Group
Investors Group International
Irvine Financial Intermediaries LLC
Irwell Advisors
Isaac Kline Securities

ITB Group

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Jackson Cole Investments
Jacobs & Burns

Jacob Stern
Jardine McKenzie
Jardine Windsor Asset Management
Jarvis Capital Management
Jefferson Holt Consulting

Jefferson Management (aka Franklin Asset Management)
Johnson & Brown
Jupiter Capital Research
J.P. Stuart and Associates
JR Hoffman and Associates
J Rowan Associates
JS Knight & Co. Limited

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K P Allen
Kammer, Stuartt Reed
Kauffmann & Associates
Kavanaugh

Kennedy & Company
Kennedy Anderson & Lang Inc
Kenshin Capital Services
Kent Financial Advisors Inc
Kerona Trading Ltd
Klein International
Klien Fisher (based in Geneva)
Kline Management Group
Knobel Lynch
Kobe Securities International
Koppel Levine Associates


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Lamont Group International
Landmark Trade Services Limited
Langdon Group
Langley Advisory Services AG
Laurus Capital Group
Legacy International
Legend Merchant Group
Leonard Merlin
Liberty Assets inc
Liberty First Financial Services
Liberty One Advisors LLC
Lincoln & Ellis Asset Management
Lion Equities Inc
Livingston Mergers and Acquisitions
Livingstone Asset Management
Lloyd Stanley (based in Switzerland)
Lombard Grand Inc
Lowe & Lane Asset Management
Lox International Group
Lyndon Pearce

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Macao Management
Madison and Silver Asset Management Inc

Maitland Bell & Co

Market Access Group
Marriott & Lloyds

Marshall Eastman Advisory
Marshall Lambert Group
Marshall Stanwick
Masahiro International
Masaru Associates
Maxon Capital Limited

Maxwell Fleming & Associates

McKenzie Goldstein & Associates

McKenzie King Ltd
Meissner Goodison Lee & Associates

Mercantilebanc Securities Inc
Mercantile Sterling Management

Mercier International Group (aka Ainsley Consulting SL) / Mercier asset Management Inc
Merkater International
Millennium Financial Ltd
Miller Bosses Acquisitions INC.
Milton Dewar Asset Management
Minerva Management
Montague Stearn Advisory
Montgomery Tate & Associates
Morgan Hurst
Morgan Philips Advisory
Morgan Soloman Inc
Morgan Young Financial Consultants
Morrison Cross Financial Investments Ltd
Morrison Douglas
Muller Lacroix Consultancy
Murdoch Finch Associates


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Nationwide Mergers and Acquisitions

Network Capital Partners
New Alliance Capital Management
Newbridge International
Newman Bell Mergers & Acquisitions
Nexus Futures

Nivo Invest and Trade Corp
Noble Investments and Securities SL
Norsk Financial
Northern Alliance Group
Norwich Capital Mutual Funds Limited

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Oakmont International LLC
Oceanic Equities
Okamura Asset Management
Omega Advisory Group (based in Munich and Geneva)
Omega Equities
Omega Financial Services (based in New Jersey USA)
Opes Ingenium Group
OPM Resources
Oxburgh & Palmer
Oxbridge International Limited

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Pacific Federal SA

Pan European Investment Management

Pan Pacific Financial
Papillion Associates

Parker Lane

Parker Rowe

Perlman-Haas Associates

Perpetual Suisse
Perrin, Holden & Davenport Capital Corporation
Peter Church Consulting (said to be based in Brussels)
Phoenix (Mergers &) Acquisitions

Phoenix Asset Management SA
Phoenix Capital Partners

Phoenix Partners SL
Pioneer Equity Advisors
PICPAY or PICPAY.com
PIPS Financial Services

Platinum Asset Management (pty) Ltd
Platinum Index
Platinum Management Inc

Platinum Placements Management
Polson and Strong
Portland Advisory
Portland Capital Assets
Portman Manaheim Group
Portsmouth Escrow Service LLC
Premier Asset Management LLC
Premier Equities Limited
Premium Placement
Prentice Capital Management
Preston Wainwright Asset Management
Price Worley
Price Stone

Prime Forestry
Priority Venture Management
PROFIDEX
Provident Capital pte Ltd
PureInvestor.com Inc

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Quest Commodities Ltd

Radisson Venture Capital
Redwood Capital Consultants Limited
Regency Advisory Group (Regency AG)
Regency Equity Consulting
Reichman Advisory SL
Rementon & Fitzgerald
Richard Watson Associates
Richmond International
Richmond Royce Advisory Services S.L.U.
Ridgewell Capital Markets

RJL International Limited
Robinson Hurst
Rose & Cranfield

Roth Group GmbH (The)
Rothman Goldstein
Royal Asset Management of Canada
Rubens Gold & Myer
RVC Markets
RV Corporate, or RV Corporate Finance (also known as RVC Markets)

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St James & Thatcher Associates
Schoefer Davis Limited
Schotts Capital Managements
Security Advisory Group
Seisma Oil Research LLC
Sentinel Trading Investment Corporation
S G Financial
Siegar Private Limited
Simon Eastwood Asset Management
Silverthorne and Chambers Inc
SKI 4 U SNC
Smart Marketing Services
Smith and Gianni Partners

Smith Fairchild
Smith Kearney M&A - www.smithma.com
Solomon Lloyd
Southern Cross Mergers & Acquisitions

SpencerFerguson Financial Services/SpencerFerguson Wealth Management
Spencer Group
SP Trade Investments Capital Limited

Standford Long
Stanfield Moritz Associates

Stanley Riebeck Corporation
Stanmore Advisory Group
Stanton Berkley
Sterling Manhattan
Stockcom Tradez Inc aka www.stockcominc.com
Strategic Corporate Services
Strategic Investment Group
Stratford Advisory Services

Stein Banc Commerce
Steinberg Investment Research AG
Steinbrueck Financial Services
Stein Fitzgerald Associates/Stein Fitzgerald Group
Stephenson Moore Consulting
Stonewell Finance
Sukumo Group
Sunwide Finance
Swiss Management Consulting
Swiss Financial Group

Synergy Wealth


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Takeshi Finance
Tana Corum Holdings
Taylor Bancroft
Taylor King & Associates
Taylor Hargreaves (Geneva, Switzerland)
Taylor Morrisson
Templeton Consultants
The Ashton Lewis Group
The Research Group
The Settlement Group

Thibault Capital Markets
Thomas Cohen

Thompson Weinberg
Thomson Hill Group
Thompson Miller Group
Titan VC Zurich/TVC Zurich
Total Asset Management
Tradelinx Investments Limited/Tradelinx Securities Group
Transatlantic Group Mergers & Acquisitions
Trent Advisors
Trenton Hassel Investment Limited

Tresaderns & Partners SL
Tri Capital Management

Trident Market Advisors
Trinity Finance International

Trillium Drake
Trinity Management
Turquoise Development Company

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Union Partners SL (formerly Goldberg Kravitz SL)
Unified Investment Group Inc
Universal Management Services
Universal Partners
Univest Limited

US Capital FX
US Petroleum Holdings

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Van der Halen Equities
Vanguard Financial Services
Vertex Commodities
Von Bismarck Global Investment Research
Voyager Investment Management

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Wakefield & Stern
Wakefield Partners
Wakeford & Goodridge
Waldon McLean Associates
Walker Stone
Wall Street Organisation
Warren Sitco & Company
Warrick Management Group Ltd
Waterhouse Scott Ltd
Weber Goldstein
Webster, Cohen & Galombik Inc
Weizman Associates
Wellington-Duke & Associates
Wellington Trading Group
Wellington Mergers & Acquisitions
Westgate Capital Management
Westminster Group
West Shore Ventures Limited
Wiess and Associates Ltd
Willmont Financial SL
Windsor Asset Management
Woodbridge Investments Group (woodbridgeinvestmentsgroup.com)
Woods and Sheldon
World Market Resources
World Trade Financial Corporation
Worldwide Research Group
W R Bainbridge

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Yamato Associates
Yee Seng Global

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Zen Investment

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