by invstsmart-dev | Jul 30, 2021 | Local News, News
The Securities Commission Malaysia (SC) today announced enforcement actions against Binance for illegally operating a Digital Asset Exchange (DAX). Under Sections 7(1) and 34(1) of the Capital Markets and Services Act 2007, all DAX operators must be registered as...
by invstsmart-dev | Apr 13, 2021 | Local News, News
The Securities Commission Malaysia (SC) has reprimanded Remitano for operating a digital asset exchange (DAX) in Malaysia without authorisation from the SC. The entity has also being included on the SC’s Investor Alert list.The SC views this transgression as serious...
by invstsmart-dev | Mar 31, 2021 | Local News, News
The Securities Commission Malaysia (SC) is investigating a syndicate suspected of running five unlicensed investment schemes, including two clone firm schemes, that had duped hundreds of investors of over RM7 million into unlicensed investment activities. The SC...
by invstsmart-dev | Mar 22, 2021 | Local News, News
The Securities Commission Malaysia (SC) had to date, following the issuance of the Guidance Note on Provision of Investment Advice on 30 December 2020, directed seven operators, comprising entities and related individuals, to cease and desist from undertaking all...
by invstsmart-dev | Jan 29, 2021 | Local News, News
The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) are closely monitoring the local stock market in light of the current price surge of selected stocks in the US markets, fuelled by social media chatrooms against short-sellers....
by invstsmart-dev | Nov 9, 2020 | Local News, News
The Securities Commission Malaysia (SC) would like to caution members of the public of a fake donation letter purportedly from “Badan Kebajikan Thalassaemia Malaysia (944520K)” seeking donation and falsely naming the SC Chairman as its advisor. The fraudster had also...
