News
FMA files charges against former adviser
Tuesday 18th of March 2025
The FMA issued McEwen and a number of entities associated with him a stop order in December 2023 that prohibited him from:
- Making offers, issues, sales or other disposals of McEwen and Associates’ financial products,
- Distributing any restricted communication that relates to an offer of McEwen and Associates’ financial products,
- Accepting further contributions, investments, or deposits in respect of McEwen and Associates’ Financial Products.
The FMA alleges that McEwen failed to comply with the stop order by continuing to make offers and accept contributions for financial products.
The FMA understands McEwen has lived abroad since November 2023. He has been served with the charges, has entered a not-guilty plea and did not attend Court.
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