{"id":2498,"date":"2008-11-26T14:49:11","date_gmt":"2008-11-26T13:49:11","guid":{"rendered":"https:\/\/www.fma.gv.at\/en\/?p=2498"},"modified":"2016-05-20T14:50:06","modified_gmt":"2016-05-20T12:50:06","slug":"davis-mayer-group","status":"publish","type":"post","link":"https:\/\/www.fma.gv.at\/en\/davis-mayer-group\/","title":{"rendered":"Davis Mayer Group"},"content":{"rendered":"

Pursuant to section 92 para 11 of the Wertpapieraufsichtsgesetz 2007 (WAG; Securities Supervision Act), Austria’s Financial Market Authority (FMA) has the right to inform the general public, in individual cases by way of announcement on the Internet, in the official gazette “Amtsblatt zur Wiener Zeitung” or any other official paper with nationwide circulation, that a particular company is not entitled to provide certain financial services (section 3 para 2 nos. 1 to 3 WAG 2007).<\/p>

By publication in the official gazette “Amtsblatt zur Wiener Zeitung” of 26 November 2008, the FMA is exercising this right and warns against financial service transactions requiring a licence with the following provider:<\/p>

Davis Mayer Group<\/strong>
\nDoosan Building, 10th Floor
\n105-7 Nonhyun-dong, Gangnam-Ku,
\nSeoul 135-010 South Korea
\nTel.: +822 6445 5412
\nFax: +822 6306 4303
\nwww.davismayer.com<\/a><\/p>

This provider does not possess a licence issued by the FMA to provide investment services. Therefore, it is neither allowed to provide investment advice regarding financial instruments, nor portfolio management, i.e. managing portfolios for individual customers who authorise a room for manoeuvre, provided that the customer portfolio contains one or several financial instruments. Furthermore, the provider is also not entitled to accept or transmit transactions, provided that such activity involves one or several financial instruments.<\/p>\n","protected":false},"excerpt":{"rendered":"

The FMA warns investors against the conclusion of investment services requiring a licence with this provider.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[81],"tags":[],"class_list":["post-2498","post","type-post","status-publish","format-standard","hentry","category-warning"],"yoast_head":"\nDavis Mayer Group - FMA \u00d6sterreich<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fma.gv.at\/en\/davis-mayer-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Davis Mayer Group - FMA \u00d6sterreich\" \/>\n<meta property=\"og:description\" content=\"The FMA warns investors against the conclusion of investment services requiring a licence with this provider.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fma.gv.at\/en\/davis-mayer-group\/\" \/>\n<meta property=\"og:site_name\" content=\"FMA \u00d6sterreich\" \/>\n<meta property=\"article:published_time\" content=\"2008-11-26T13:49:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-05-20T12:50:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fma.gv.at\/wp-content\/uploads\/2017\/05\/FMA_FB_Logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"925\" \/>\n\t<meta property=\"og:image:height\" content=\"524\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lucija Stjepanovic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@FMA_AT\" \/>\n<meta name=\"twitter:site\" content=\"@FMA_AT\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lucija Stjepanovic\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/davis-mayer-group\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/davis-mayer-group\\\/\"},\"author\":{\"name\":\"Lucija Stjepanovic\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#\\\/schema\\\/person\\\/5c70db37d15a036781dd7cec261fad37\"},\"headline\":\"Davis Mayer Group\",\"datePublished\":\"2008-11-26T13:49:11+00:00\",\"dateModified\":\"2016-05-20T12:50:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/davis-mayer-group\\\/\"},\"wordCount\":197,\"publisher\":{\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/#organization\"},\"articleSection\":[\"Warning\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/davis-mayer-group\\\/\",\"url\":\"https:\\\/\\\/www.fma.gv.at\\\/en\\\/davis-mayer-group\\\/\",\"name\":\"Davis Mayer Group - 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