Shares: Self Introduction & Handling of Account and Sales Conduct

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Shares: Self Introduction &...

1. Is your remisier/dealer representative licensed by Securities Commission Malaysia?

Yes No

Good. Your remisier/dealer representative should be licensed by Securities Commission Malaysia. Please refer to the SC's Public Register of Licence Holders.

If your remisier/dealer representative is not licensed with Securities Commission Malaysia, please DO NOT DEAL with him/her. Please refer to the SC's Public Register of Licence Holders.

2. Do you make payments to your remisier/dealer representative's account?

Yes No

Be careful! Do check with your dealer representative that your payments and lodgement of assets are made directly to the Participating Organisation

Good. The dealer representative must ensure that clients make payments and lodgement of assets directly to the Participating Organisation

3. Does your remisier/dealer representative trade on your behalf?

Yes No

Be careful! Make sure that you authorize all transactions by your dealer representative.

Good. Make sure that you authorize all transactions by your dealer representative.

4. Does your remisier/dealer representative disclose all of the risks, benefits and possible conflicts of interest related to the investment?

Yes No

Good! Your remisier/dealer representative should disclose all possible risks, benefits and conflicts of interest related to your investments.

Please request your remisier/dealer representative to disclose all of possible risks, benefits and conflicts of interest related to your investments.

5. Do you receive receipts, statements, etc. relating to your account?

Yes No

Good. Your remisier/dealer representative must ensure that all documents relating to your investments are forwarded directly to you.

Your remisier/dealer representative must ensure that all documents relating to your investments are forwarded directly to you.

6. Do you feel that your remisier/dealer representative's advice is not suitable to your means and risk appetite?

Yes No

Please discuss with your remisier/dealer representative for more suitable advice and recommendations that match your financial and risk profile.

Your remisier/dealer representative should advise you, make recommendations and approve your trading limit according to your financial suitability and your risk profile.

7. Do you understand the products you’re investing in and their risks?

Yes No

Good. Your remisier/dealer representative is required to give you all the necessary information to help you understand the risks and nature of the investment product.

Be careful! Your remisier/dealer representative is required to give you all the necessary information to help you understand the risks and nature of the investment product.

8. Does your remisier/dealer representative ensure all sale proceeds and any amount payable are issued to you directly and not to any other person(s)?

Yes No

Good. Ensure that you PERSONALLY receive all sale proceeds.

Be careful! Ensure that you PERSONALLY receive all sale proceeds.

9. Does your remisier/dealer representative remind you to make cheques in the [name of the stockbroking company] for [name of the customer], when issuing cheques to the company?

Yes No

Good. Do not make cheques out to an individual or other entity apart from your stock broking company.

Be careful! Do not make cheques out to an individual or any other entity apart from your stock broking company.

10. Does your remisier provide ‘hot tips’ on stocks either personally to you or on social media?

Yes No

Verify the information. Some information may be rumours.

Good. Always remember to verify the information as some information may be rumours.

Disclaimer:

This section of the website is provided by InvestSmart® without taking into account your investment objectives, financial situation or needs. It is for information and awareness purposes only. The opinions expressed, and results contained in this website are in no way conclusive and do not constitute investment advice. Where appropriate, you must seek independent advice and official opinions from the relevant authorities.

InvestSmart® and the Securities Commission Malaysia shall not be liable for any loss or damage arising out of or in connection with any reliance of this website.