on Monday this week it became known that the financial supervisory authority of norway revokes the Nordic Securities’ permission to provide investment services. Co-founder Erik Egenæs will now fight to prove themselves, while the NHH professor Thore Johnsen believes that Økokrim should see if the founders could have sold the shares illegal, writes Dagens Næringsliv.
This case has been stressful. After having built a broker on your own, we are being portrayed as greedy. It is incomprehensible, ” says Egenæs, who is chairman of the board of The Nordic Group and one of the two founders of the investment firm Nordic Securities, to the newspaper.
also Read: Nine out of ten clients lost money
NHH-professor Johnson responds to the information in the tilsynsrapporten that the brokers should have given customers advice to put some savings into shares in The Nordic Group.
- Here, it is so obvious that the management of the company has been aware of what they have done. You’ve got snap on your fingers and notice of suspension of a licence, at the same time as selling shares. It is unheard of, ” says Johnsen to the newspaper.
Egenæs even believes, however, that the criticism against aksjesalget based on the wrong factual basis. He says the authority has been wrong in one important area, and that neither the parent company or the shareholders were party to the tilsynssaken.
- the Audit believes that the shares in the parent company have been brokered by the employees in the Nordic Securities, or that the investment firm has provided investment advice to invest in the company. It is completely wrong, ” says Egenæs to DN.
No comments:
Post a Comment