Language

Google Translate Disclaimer

A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language. The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs).

Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

Investor Alert: Simple Wealth FX is Not Registered

Released on March 13, 2024

The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) warns investors of the online entity SimpleWealthFX.

"Saskatchewan residents are advised to exercise caution when contemplating investments with unregistered entities," FCAA Securities Division Executive Director Dean Murrison said. "It is crucial to confirm the seller's registration status through the Canadian Securities Administrators' database at aretheyregistered.ca." 

SimpleWealthFX claims to offer Saskatchewan residents trading opportunities, including cryptocurrency, foreign exchange, options, commodities, shares and indices. This entity claims to offer Saskatchewan residents an opportunity to invest in a variety of products through the online website https:// simplewealthfx com. This URL has been manually altered so as not to be interactive.

SimpleWealthFX is not registered to trade or sell securities or derivatives in Saskatchewan. The FCAA cautions investors and consumers not to send money to companies that are not registered in Saskatchewan, as they may not be legitimate businesses. 

If you have invested with SimpleWealthFX, or anyone claiming to be acting on their behalf, contact the FCAA's Securities Division at 306-787-5936.

In Saskatchewan, individuals or companies need to be registered with the FCAA to trade or sell securities or derivatives. The registration provisions of The Securities Act, 1988, and accompanying regulations are intended to ensure that only honest and knowledgeable people are registered to sell securities and derivatives and that their businesses are financially stable.

Tips to protect yourself:

  • Always verify that the person or company is registered in Saskatchewan to sell or advise about securities or derivatives. To check registration, visit The Canadian Securities Administrators' National Registration Search at aretheyregistered.ca.
  • Know exactly what you are investing in. Make sure you understand how the investment, product, or service works.
  • Get a second opinion and seek professional advice about the investment.
  • Do not allow unknown or unverified individuals to remotely access your computer.

-30-

For more information, contact:

Lauren Caza
Justice
Regina
Phone: 306-787-5567
Email: lcaza2@gov.sk.ca

We need your feedback to improve saskatchewan.ca. Help us improve