Saskatchewan regulator warns of unregistered online investment scheme
The Financial and Consumer Affairs Authority of Saskatchewan is warning Saskatchewan residents about an online entity operating under the name WilliamsBlair Asset Management Ltd., saying the company is not registered to trade or sell securities in the province. According to the regulator, WilliamsBlair has been contacting Saskatchewan residents through social messaging platforms and promoting what it claims is an investment mobile application. The app allegedly displays realistic market screens, increasing account balances, share purchases, and margin-style investment opportunities. In a statement, FCAA Securities Division Executive Director Dean Murrison said verifying registration status is a critical step before investing. “Checking the
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