Disclosure details -

The Securities Commission Malaysia

Year 1993Regulated by Government

The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). We are a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market. Our mission is "to promote and maintain fair, efficient, secure and transparent securities and derivatives markets; and facilitate the orderly development of an innovative and competitive capital market".

Disclose broker

Danger Unauthorized

AVA Financial Trade

Disclosure summary

Disclosure matching Website matching
Disclosure time 2022-01-01
Reason for punishment Carrying on unlicensed capital market activities of dealing in securities

Disclosure details

INVESTOR ALERT LIST

"This section contains the list of unauthorised websites, investment products, companies and individuals. This list includes: Persons carrying on or hold himself out as carrying on the following regulated activities without a licence from the SC: Dealing in securities; Dealing in derivatives;Fund management; Advising on corporate finance; Investment advice; Financial planning; and Dealing in private retirement schemes. Persons operating a recognised market without authorisation. Persons issuing or offering securities without approval, authorisation or recognition. Persons misusing SC’s logo and misrepresenting the SC. " Potential clone entity – AVA Financial Trade / AVA Financial Syariah N/A https://t.me/avatraderinv | https://t.me/cryptocuannn | http://ava-financialtrade.com | https://t.me/hgty1234 | https://t.me/hgth123 | https://t.me/hgty123 | https://t.me/AVA_FINANCIAL_SYARIAH | https://t.me/avatraderrr | http://avafinancial-trading.pro/ 2022 • Possible clone operating an illegal investment scheme offering high returns e.g return of RM20,000 in 6 hours with investment of RM10,000 • Carrying on unlicensed capital market activities of dealing in securities

Annex

Screenshot 1

More regulatory disclosure

Warning

2023-10-24

List of unlicensed companies and suspicious websites