Investors in cryptocurrency are highly reliant
upon unregulated companies, including some that may lack appropriate internal controls and may be more susceptible to fraud and theft than regulated financial institutions.
Apart from the ban of public marketing of OTC financial products introduced previous year, it regularly issues warnings against
unregulated companies operating in the country.
«The widespread popularity of turmeric has led to questionable cultivation and processing procedures, much of which is performed
by unregulated companies outside of the United States,» says Smekens.
Many small - and medium - size banks are increasingly raising money for loans, bond purchases and other investments by issuing wealth management products, and even some
largely unregulated companies have begun issuing wealth management products.
Even
the unregulated companies operate in a relatively limited competitive environment with allowable rate increases and steady profits.