Option One International (a.k.a. Option One S.A. and Option One International Advisors)
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Date:
2010-01-18
Contact:
Ed. Neptuno local #7
Via Tumba Meurto
Panama City, Panama
Telephone: 1-866-978-7168 Fax: 1-866-494-7583
www.optiononeinternational.com (link no longer operational)
Background:
In 2009, a British Columbia resident was solicited to open a trading account with Option One International (Option One) to trade commodity options. Option One is not registered in British Columbia to trade in, or advise on, securities and exchange contracts.
On December 29, 2009, the British Columbia Securities Commission (the BCSC) issued a Temporary Order and Notice of Hearing against Option One. On January 11, 2010, the BCSC issued an order permanently cease trading Option One and permanently prohibiting it from engaging in investor relations activities in British Columbia.
