France’s stock market regulator, Autorite des Marches Financiers (AMF), has published an extensive, although not exhaustive, list of 21 new investment websites that offer “atypical investments”.
The AMF described the blacklisted online portals as “unauthorised websites” that offer dubious investment schemes. It warns that the list can be modified at any moment.
The AMF added 15 websites — including crypto-related — to its list warning the public that “no advertising materials should make you overlook the fact that high returns always involve high risk”.
The regulatory body received earlier this month new legal authority to grant licences to firms launching Initial Coin Offerings (ICOs). The new rules include new measures to be taken by the AMF designed to provide more guarantees for ICOs. Previously, the regulatory authority said ICOs represent high “risks” for investors.
The infamous list
The following is the AMF’s list of new unauthorised websites offering atypical investments. The financial watchdog warns these “websites may change very quickly and this list is not intended to be exhaustive”.