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PR Newswire
12-10-2024, 12:30 PM
A reminder to VBs not to be over zealous in sharing.
These guys were traders by nature but still very applicable for FA investors as well.
Set up a Telegram chat group to trade shares? You may fall afoul of the law
Section 200(1)(a) of the SFA mandates that, no person shall – by making or publishing any statement, promise or forecast that he knows (or ought reasonably to have known) to be misleading, false or deceptive – to induce, or attempt to induce, another person to deal in capital markets products.
Investigations were opened against him on the back of referrals by the Singapore Exchange.
Goh was convicted and sentenced to 19 months’ imprisonment and fined S$355,604 for multiple offences under the SFA on Dec 19, 2022.
https://www.businesstimes.com.sg/compani...-afoul-law
These guys were traders by nature but still very applicable for FA investors as well.
Set up a Telegram chat group to trade shares? You may fall afoul of the law
Section 200(1)(a) of the SFA mandates that, no person shall – by making or publishing any statement, promise or forecast that he knows (or ought reasonably to have known) to be misleading, false or deceptive – to induce, or attempt to induce, another person to deal in capital markets products.
Investigations were opened against him on the back of referrals by the Singapore Exchange.
Goh was convicted and sentenced to 19 months’ imprisonment and fined S$355,604 for multiple offences under the SFA on Dec 19, 2022.
https://www.businesstimes.com.sg/compani...-afoul-law