GG
Guy Gentile
The Official Record
Statement on the SureTrader court-supervised Bahamian wind-up
Official Statement

Statement on the SureTrader Wind-Up

A court-supervised Bahamian liquidation of a fully licensed broker-dealer — not a collapse.

Nassau, The Bahamas · Updated June 16, 2026

SureTrader was wound down. It was not "shut down."

MintBroker International, Ltd. (d/b/a SureTrader) operated as a licensed Bahamian broker-dealer from 2011 to 2019 under the supervision of the Securities Commission of The Bahamas. In 2019 the firm was wound down through a court-supervised liquidation in the Supreme Court of The Bahamas. That process is a matter of public record and remains ongoing under the appointed liquidators.

Press coverage that describes the wind-up as a "collapse" or as evidence of wrongdoing skips two facts: the firm was regulated for its entire life, and the exit was court-supervised. The later U.S. SEC civil case concerned whether the same firm also required parallel U.S. registration — a contested legal question, not an allegation of theft or fraud.

— Guy Gentile

What the headlines leave out

Five facts about the wind-up

  1. 01

    SureTrader was a fully licensed Bahamas broker-dealer.

    MintBroker International, Ltd. (d/b/a SureTrader) was licensed and supervised by the Securities Commission of The Bahamas for its entire operating life — roughly 2011 through 2019.

  2. 02

    The firm was wound down through a court-supervised liquidation.

    The wind-up was conducted under the supervision of the Supreme Court of The Bahamas with appointed liquidators. It was orderly. It was on the record.

  3. 03

    Every customer account was customer-funded and customer-traded.

    Customer funds were held at a Bahamas-regulated firm. No customer trades were placed by anyone other than the customer. There was no proprietary trading against customer flow.

  4. 04

    The U.S. SEC dispute was about registration — not theft, not fraud.

    The SEC's later civil action concerned whether the same Bahamas-licensed firm also required a parallel U.S. registration. It did not allege misappropriation of customer funds.

  5. 05

    The wind-up is not a finding of wrongdoing.

    A regulated exit under court supervision is the opposite of an unregulated collapse. The Bahamian court order speaks for itself.

Timeline

The wind-up record

  1. 2011

    MintBroker International, Ltd. (d/b/a SureTrader) licensed by the Securities Commission of The Bahamas.

  2. 2011–2019

    Operated as a Bahamas-regulated broker-dealer.

  3. 2019

    Court-supervised wind-up commenced under the Supreme Court of The Bahamas.

  4. 2021

    Bahamian court issues ruling on the MintBroker liquidation petition.

  5. 2026

    Wind-up remains an orderly, court-supervised matter.

Citations

Primary sources