Tag: finfluencers
-
SC Cracks Down on Fraud Finfluencers in Malaysia’s Social Media Scene
Introduction: A Growing Challenge for Investors Malaysia’s Securities Commission (SC) has intensified its crackdown on unlicensed and fraudulent finfluencers—social media personalities who share investment guidance and stock tips online. As platforms like TikTok, Instagram, YouTube, and Facebook become everyday sources of financial information, the line between education and promotion can blur. The SC emphasizes that…
-
SC clamps down on fraudulent finfluencers in Malaysia’s financial market
The Securities Commission Malaysia (SC) has intensified its crackdown on unlicensed and fraudulent finfluencers who use social media to promote investment schemes, often with dubious guarantees of high returns. The initiative underscores the regulator’s commitment to safeguarding investors and maintaining the integrity of Malaysia’s financial markets. As financial education increasingly migrates online, the SC’s actions…
-
SC Tightens Rules on Fraud Finfluencers in Malaysia’s Financial Scene
SC Targets Fraud Finfluencers in Malaysia’s Financial Space The Securities Commission (SC) of Malaysia is intensifying its crackdown on fraudulent finfluencers—social media personalities who give investment tips and promote products without proper licensing or disclosures. The move reflects growing concerns that unverified and sometimes misleading online advice can mislead investors, particularly those new to the…