SPOT THE DIFFERENCE
Which is the real regulator and which is fake?
Commodities Futures Trading Commission - www.cftc.org.au
Commodity Futures Trading Commission - www.cftc.gov
The latter is the real regulator. The first one is fake. Scammers claim to be regulated by an organisation that sounds like the real thing in order to gain your trust.
Other fake regulators include:
- American Futures and Options Exchange
- Hong Kong Financial Trading Authority
- Worldwide Securities Investment Comission
See ASIC’s fake regulator list here.