Be Wary Of Unlicensed Investment Advisers
Datuk Muhamad Umar Swift, CEO, Bursa Malaysia Berhad
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Some see the use of social media as the democratisation of financial markets, but with that comes its own risks, especially for the retail investor. Datuk Umar Swift, CEO of Bursa Malaysia Berhad, tells us what motivated a joint statement with the Securities Commission and whether we can expect to see more enforcement on this front to weed out illegal investment advisors.
Image credit: Syahtuah Mohamed / Shutterstock.com
Produced by: Sim Wie Boon
Presented by: Philip See, Wong Shou Ning
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Tags: bursa, securities commission, malaysia, bursabets, reddit, retail investors, regulation