KUALA LUMPUR (May 7): The Securities Commission Malaysia (SC) has updated its Investor Alert List.
In an alert on Monday, the commission said the following entity was added to the list:
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Malayan Wealth Management
The Investor Alert List contains a list of unauthorised websites, investment products, companies and individuals, including:
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Persons carrying on or holding themselves out as carrying on the following regulated activities without a licence from the SC:
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dealing in securities
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dealing in derivatives
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fund management
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advising on corporate finance
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investment advice
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financial planning, and
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dealing in private retirement schemes
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Persons operating a recognised market without authorisation
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Persons issuing or offering securities without approval, authorisation or recognition
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Persons misusing the SC’s logo and misrepresenting the SC.
https://www.theedgemarkets.com/node/710561