SC Warns Public on Unlicensed Financial Planning Services

28 July 2016| Kuala Lumpur

The Securities Commission Malaysia (SC) would like to warn the public about firms and individuals who promote the offering of financial planning services without being licensed by SC.

Such firms and individuals may present their qualifications, awards won or memberships in certain associations as credentials. However, only financial planning companies and their representatives who are licensed by the SC are permitted to carry the title “Financial Planner” and offer financial planning services.

It is essential that investors are advised by licensed professionals who are able to provide an unbiased plan that serves the best interests of their clients.

Please check here whether a firm or a person is licensed for financial planning. Investors can also check on a party’s licensed status on the InvestSmart mobile application, which can be downloaded to Android and Apple smartphones through their respective application stores. If you have any queries, please contact the SC at 03-62048999, [email protected] or the following address:

Investor Affairs & Complaints
Securities Commission Malaysia
3 Persiaran Bukit Kiara
Bukit Kiara
50490 Kuala Lumpur
Fax No: 603-62048991

SECURITIES COMMISSION MALAYSIA

about the SC

The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). We are a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market.

General Line: +603-6204 8000
General Email: [email protected]