The FinancialFebruary 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.org.