21 May 2020

eToro was added to SC Alert List !!!

Following the much-hyped of the legality of an investment platform in Malaysia, today there is the latest movement from the local regulator.

Here is the move:

Being a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market, Securities Commission Malaysia (SC) has direct responsibility for rule-making, enforcing regulations pertaining to the capital market, ensuring sustainable market growth and development, supervising capital market activities and market institutions including the exchanges, clearing houses and registered market operators, and regulating all entities and persons licensed under the Capital Markets and Services Act 2007.

Today, SC has added the digital trading platform - eToro - to SC's Investor Alert List as shown:

Source: SC website

SC’s Investor Alert List provides information on persons/entities that do not comply with our securities law.

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