Name: Pell Futures
Type: Unlicensed entities
Address(es): Central Plaza Building
18 Harbour Road, Wan Chai
Hong Kong
Remarks: The company provides an incomplete address. It settles transactions through a bank account in Hong Kong in the name of United Tact Limited. The company's website directed investors to set up account through a Shanghai Options and Futures Exchange, which claimed to be regulated by the Monetary Authority of China.
Add date: 25 Jan 2010
Note: Unlicensed entities often use names similar to legitimate companies to confuse investors.
Unlicensed entities

Sometimes entities appear to target Hong Kong investors whilst not having been licensed to carry out regulated activities in Hong Kong. They often adopt names similar to legitimate financial institutions to confuse investors. Alternatively, such unlicensed entities may provide financial investment trading platforms on the Internet. If you deal with a company which is not licensed by the SFC, you may not be protected by the regulatory framework enforced by the SFC.

Deal only with licensed entities and hang up on cold callers. To check whether an entity is an SFC licensee, visit our Public Register of Licensed Persons and Registered Institutions.

We use cookies to improve the website performance and user experience. If you continue to use this website, you are agreeing to their uses. Learn more about our privacy policy.