The Securities Commission issued a decision on November 30, 2023, regarding Bitbuy Technologies Inc. The decision primarily focused on the company’s compliance with securities regulations. The Commission found that Bitbuy Technologies Inc. had violated specific provisions of the Securities Act by failing to register as a securities dealer and not adhering to the required disclosure obligations. Consequently, the Commission imposed sanctions on the company, including fines and mandatory corrective actions to ensure future compliance. The decision underscores the importance of adhering to registration and disclosure requirements under the Securities Act to maintain market integrity and protect investors.
