Cosimo Asset Review: Is Cosimo Asset scam or legit
Earlier, Cosimo Asset could be accessed via www.cosimo-ex.top, but now it is fast becoming the focus of inquiry over alleged improper acts in the financial domain.
Website No Longer Available
As of March 2025, with the website of the firm going down, its legitimacy and operations have come into question. This development came closely on the heels of a notice to investors by the Ontario Securities Commission (OSC) on March 24, 2025, about the lack of registration of Cosimo Asset to trade securities in Ontario.
OSC Warned by Cosimo Asset
The warning by the OSC mentioned that Cosimo Asset was engaged in unauthorized activities because it was not registered to deal or advise in securities. This lack of authorization makes a case for significant risks to the investing public since such entities do not follow their own jurisdiction’s standards for protecting the public. A warning list maintained by the OSC includes companies or persons conducting activities considered risky to investors.
Unauthorized Activities
Investors must take care and perform serious due diligence in any situation where a financial entity is concerned. Verification of registration of firms or individuals is a pivotal step to safeguarding investments. The OSC has excellent resources for checking the registration of any person or business involved in selling investments or providing investment advice.
Conclusion
In conclusion, the disappearance of Cosimo Asset’s website and the OSC’s warning highlights the need for increased vigilance when using the services of a financial service provider. Dealing with unregistered firms can cause serious monetary losses and may provide weakened protection to investors.
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