Office of the International Financial Services Commission,
Sir Edney Cain Building,
Belmopan,
Belize, C.A.
13 December 2010
WARNING NOTICE AND CEASE AND DESIST ORDER
It has come to the notice of the International Financial Services Commission of Belize (IFSC) that ACKE WORLD MANAGEMENT CORP., an international business company registered in Belize, is holding itself out as trading in securities and forex market without a licence from the IFSC, as required by section 7 of the International Financial Services Commission Act, Chapter 272 of the Laws of Belize, Revised Edition 2000-2003, as amended by Act No. 8 of 2007. This is an offence under the laws of Belize.
ACKE WORLD MANAGEMENT CORP. is therefore directed to cease and desist from carrying on the said activities until it has applied for and obtained a licence from the IFSC.
All persons concerned are asked to take note and exercise caution.
GIAN C. GANDHI
DIRECTOR GENERAL
International Financial Services Commission of Belize