The Securities Commission Malaysia has warned the public, specifically investors, about certain entities/companies’ unauthorised use of the SC’s name and logo in promotional materials for their investment products. In particular, the SC would like to emphasise that it does not endorse or approve any cash trust investment products in the market. As such, any use of the SC’s name and logo in cash trust investment promotional materials is prohibited.
According to the commission, recently two companies have been identified using its name and logo in their promotional materials for cash trust investment products without permission. They have since been directed to remove all references to all related promotional materials including videos. The commission once again reminds the public as well as trust companies that videos on cash trusts produced by the SC are solely for educational purposes. It is not intended to be reproduced on any medium by trust companies in relation to their cash trust investment products.
The public is strongly encouraged to report any suspicious activities or misleading investment information to the SC. This will help protect other investors from potential risks and assist them in making informed investment decisions.
