Timely move: The Securities Commission building in Kuala Lumpur. The regulator has slapped unlicensed stock ‘gurus’ with cease and desist orders as it clamps down on illegal investment advice.
Coming down hard
THIS week, the Securities Commision (SC) came down hard on several parties deemed to be providing illegal investment advice.
The move is timely with the mushrooming of unlicensed individuals dishing out stock market advice, and in many cases “stock tips”.
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