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The Comisión Nacional del Mercado de Valores (CNMV) has issued warnings against entities such as Future Flare Finance, Rdcasset, and Belleofx for operating without authorization. The warning was published on the CNMV's official website on January 20.
According to the CNMV, these unregistered entities operate through websites like futureflarefinance.com, rdcassets.com, and belleofx.com/es. The commission said that these entities are not authorized to offer investment services and are not listed in its registry, meaning they are not subject to regulatory supervision.
The CNMV issues warnings to protect investors from unauthorized entities that provide investment services or engage in financial activities without proper registration or authorization. These entities often operate outside regulatory oversight, which increases the risk of capital loss for investors. To avoid confusion, some unauthorized firms falsely use CNMV's name to present themselves as legitimate, leading to a misleading sense of security. The commission also collaborates with foreign regulators to share warnings about such entities, aiming to inform investors and reduce risks.
