Coming down hard
THIS week, the Securities Commision (SC) came down hard on several parties deemed to be providing illegal investment advice.
The move is timely with the mushrooming of unlicensed individuals dishing out stock market advice, and in many cases “stock tips”.
Without authorities stepping in, there will be more and more unsolicited advice given and those who are not familiar with the workings of the stock market may just fall victim and get their fingers burnt.
...