SC Malaysia Issued Warning List

The Securities Commission Malaysia (SC) recently released a warning list to alert the public about entities operating without authorization. This list includes fraudulent firms that are not registered or licensed by the SC to carry out regulated activities.

1. Trade Master Partners

2. Potential clone entity - NAVIK / Navik Ex

3. Potential clone entity - SJ Securities S/B 272

4. Potential clone entity - BelleoFX

5. Potential clone entity - Trade Zella,

6. Potential clone entity - Wealth Tree Holdings Sdn Bhd,

7. Potential clone entity - Affin Hwang Investment

8. Butter Trade

9. Produk Kewangan

Investors are advised to be cautious and verify the legitimacy of any investment opportunity before committing their funds. The public is encouraged to report any suspicious entities to the SC to help prevent others from becoming victims of financial scams. Staying informed and vigilant is key to protecting oneself from investment fraud and unauthorized financial services.

About Malaysia SC

The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). It‘s a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market. SC Malaysia’s mission is “to promote and maintain fair, efficient, secure and transparent securities and derivatives markets; and facilitate the orderly development of an innovative and competitive capital market”.

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