In a statement, the SC said that it has not authorised any ICOs pending the finalisation of its guidelines.
KUALA LUMPUR: The Securities Commission (SC) has revoked the Capital Markets Services Representative's Licence (CMSRL) of Shaiful Nazren Kassim for improper business practices effective Dec 7.
In a statement, the SC said Shaiful’s CMSRL was revoked under Section 72 read together with Section 65 of the Capital Markets and Services Act 2007 (CMSA) as he is no longer fit and proper to carry out regulated activities in the Malaysian capital market.
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