Educated investors can be ‘eyes and ears’ of SC


  • Investment
  • Saturday, 19 Oct 2019

Securities Commission Malaysia Chairman Datuk Syed Zaid Albar said by equipping the general public with the ability to identify and evaluate investment opportunities and pitfalls, these investors would not only be better placed to protect their own interests but may also become the “eyes and ears” of the SC in rooting out potential fraud or misconduc

KUALA LUMPUR: Well-informed investors can help the Securities Commission to root out potential fraud or misconduct, Securities Commission chairman Datuk Syed Zaid Albar said.

“An informed investor is a protected investor," he said in a statement at the three-day InvestSmart Fest 2019 here on Saturday.

By equipping the general public with the ability to identify and evaluate investment opportunities and pitfalls, these investors would not only be better placed to protect their own interests but may also become the “eyes and ears” of the SC in rooting out potential fraud or misconduct, he said.

The fest, which is an investor education initiative by the SC, was officiated by Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail at the Mid Valley Exhibition Centre here.

Themed “Invest Smart” or “Bijak Labur”, the annual InvestSmart Fest aims to raise the public’s awareness on the fundamentals of investment and to equip investors with knowledge and to exercise sound judgement when making investment decisions.

The SC said the fest brought together 50 organisations comprising financial market institutions, intermediaries, associations, regulatory and government to promote knowledge and offerings on capital market products and services.

Visitors can also learn about alternative investment platforms such as equity crowdfunding, peer-to-peer financing, digital investment management companies and digital asset exchanges at the “Digital Pavilion”.

In line with promoting informed participation in the capital market, the Bond +

Sukuk Information Exchange Mobile App was launched at the start of the fest on Friday.

Developed by BIX Malaysia, the mobile app enables investors to access the latest bond and sukuk information from their smartphones.

The fest is supported by Bursa Malaysia, the Federation of Investment Managers Malaysia, Financial Planning Association of Malaysia and Malaysian Financial Planning Council.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3

   

Did you find this article insightful?

Yes
No

Across The Star Online