The Securities and Commodities Authority (SCA) in the UAE has issued a warning to the public regarding ‘Limited TRCFX’, highlighting that the company lacks the necessary licensing for financial activities as mandated by SCA regulations.
The authority emphasized that it bears no responsibility for transactions involving this firm and urged investors to confirm the legitimacy of any entity before entering into agreements or executing financial transactions.
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Investors are also encouraged to consult the list of licensed companies available on the SCA’s website to avoid falling victim to any fraudulent schemes.