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Provided by AGPCANADA, May 2 - Released on May 1, 2026
The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) is warning Saskatchewan residents about the online entity known as PU Prime.
"Checking the registration status at aretheyregistered.ca should always be the first step for Saskatchewan residents looking to invest," FCAA Securities Division Executive Director Dean Murrison said. "Registration status tells you whether a business is authorized to operate in Saskatchewan. Keep your investments safe and only deal with a registered business."
PU Prime claims to offer Saskatchewan residents trading opportunities including forex, metals, indices, commodities, shares, exchange-traded funds (ETFs), and bonds, primarily through contracts for difference (CFDs).
PU Prime is not registered with the FCAA 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.
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 allowed to sell securities and derivatives and that their businesses are financially stable.
If you have invested with PU Prime or anyone claiming to be acting on their behalf, contact the FCAA's Securities Division at 306-787-5645.
This alert applies only to the online entity using "puprime com" (this URL has been manually altered so as not to be interactive) and does not apply to any other company or to any other businesses that may have a similar name.
Tips to protect yourself:
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Ashley Wiest
Financial and Consumer Affairs Authority
Regina
Phone: 306-798-4160
Email: Ashley.wiest3@gov.sk.ca
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