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Financial Market Authority FMA publishes a warning against an unscrupulous financial service provider

Release Date: |

In an announcement published in today’s issue of the official gazette “Amtsblatt zur Wiener Zeitung”, the Austrian Financial Market Authority (FMA) warns investors against financial service transactions with the following provider:

Reynold Brown Associates,
with alleged head office in
Wienerbergstraße 11
Twin Tower 20A
1100 Vienna,

“Reynold Brown Associates” offers financial services in Austria which require a licence pursuant to section 1 para 1 no. 19 of the Bankwesengesetz (BWG; Austrian Banking Act) (advising clients on investing funds, managing client portfolios in accordance with mandates given by investors, brokering business opportunities for the acquisition or sale of certain financial instruments) without having the required licence.

For further information please contact
Klaus Grubelnik (FMA Media Spokesperson)
+43/(0676)/882 49 516

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