Uncertified company detected on Azerbaijani securities market
Azerbaijan, Baku, March 12 / Trend /
The Azerbaijan State Securities Committee (SSC) encourages people to be careful when establishing a business relationship on asset management with the Invest-AZ LLC. The company is illegally engaged in professional activities on the securities market, the SSC said in a message on March 12.
State Committee's control over securities market revealed that the Invest-AZ was providing services through the Internet to the public (investors), reflecting professional activity in the stock market.
According to country's legislation, asset management services on the stock market should be certified. The services may be provided by legal entities and individuals who obtained a special permit to professional activities from the relevant executive power bodies.