Regulatory Alerts2009-01-02
Added · Updated
SFC Advertising Guidelines for Collective Investment Schemes
The Securities and Futures Commission issued revised advertising guidelines for collective investment schemes authorized under specific product codes, requiring compliance by January 2009. The document mandates that all advertisements be clear, fair, and balanced, prohibiting misleading claims, guaranteed returns, or denigration of competitors while enforcing strict standards for performance data presentation and risk disclosures. Issuers remain fully responsible for advertisement accuracy and must include prominent warning statements regarding investment risks and the non-recommendation nature of regulatory authorization.
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