February 9th, 2023, Financial Commission, a leading external dispute resolution (EDR) organization catering to the financial services industry, announces today that it has expelled Bold Prime from membership in the organization following numerous failures to comply with the Financial Commission’s Rules & Guidelines.
As a result of the expulsion, The Financial
Commission will not be able to process any new
complaints from Bold Prime clients’, and such
clients will also not be eligible for reimbursement
from the organization’s Compensation Fund, since the
compensation fund can only be used by clients of
approved members, and is subject to the ruling by
our Dispute Resolution Committee.
As Financial Commission is an industry-supported self-regulatory organization (SRO) our enforcement of member compliance is reflected entirely within our membership standings where a firm’s integrity and adherence to rules must be strictly upheld in order for membership to be maintained.
For more information about Financial Commission membership requirements, please contact us or visit www.financialcommission.com.co.
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