Securities Commission: Be alert for Covid-19 investment scams, unauthorised dax | Malay Mail

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Securities Commission: Be alert for Covid-19 investment scams, unauthorised dax | Malay Mail
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Securities Commission: Be alert for Covid-19 investment scams, unauthorised dax

Friday, 24 Apr 2020 01:56 PM MYT

KUALA LUMPUR, April 24 — The Securities Commission Malaysia has cautioned the public to be on the alert for any individuals or entities that may try to take advantage of the latest developments of Covid-19 to entrap them into investing in illegal investment schemes. The capital market regulator also warns the public against investing in unauthorised digital asset exchanges operating in Malaysia, following an increase in the number of queries and complaints it has received.

Currently, there are three registered RMOs for DAX, namely Luno Malaysia Sdn Bhd, SINEGY Technologies Sdn Bhd and Tokenize Technology Sdn Bhd.

 

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