Our attention has been drawn to the SEC circular that was recently issued.
Please be aware that we are and will remain committed to being in compliance with all local laws and regulations. We have always maintained good standing with all existing compliance requirements and regulatory frameworks.
Be rest assured that your funds and equities are safe and secure with Trove.
Since the memorandum, we have been liaising with the SEC to get more clarity on the circular. We are also engaging with top level executives at our local partner brokers. Additionally, we have involved legal professionals to manage the on-going mediation.
From all indications, we anticipate everything would be resolved.
Kindly note that your US funds and equities are held in custody by Drivewealth LLC, a regulated broker dealer in the US and protected by the SIPC, for up to $500,000.
You can continue your trading activities as normal as we are still fully capable of carrying out our responsibilities as usual.
Be rest assured that we are on top of all the happenings and would actively communicate with you all as things progress.
Thanks for all your support and confidence