What a listing tells you
The SC has flagged the entity. Each entry carries a remark on why, such as “carrying on unlicensed capital market activities of dealing in securities”.
The year it was added, plus any website and social media accounts linked to it.
Whether it may be a clone. Some entries are marked “potential clone entity”, meaning a website may be using a legitimate firm’s name.
What a listing does not tell you
It is not a complete list. The SC says the list is not exhaustive and reflects the information it had at the time. A company missing from the list is not automatically authorised.
It is not a court finding. It is the SC’s warning that it considers the activity unauthorised.
How to search it
Open the SC Investor Alert List at sc.com.my/investor-alert-list, or search the SC Investment Checker, which includes alert-list entries in its results.
Search the company’s name and its website address separately. A listing may use a brand name or a website rather than the legal name.
Note the remark and the year added. The SC announces additions in its media releases, such as its update as at 8 July 2026.
SmartChecker shows a selection of SC Investor Alert List entries on its alert pages, in the SC’s own wording. It is not the full list, so always search the SC’s list directly.
Common questions
What should I do if my broker is on the list? Stop adding money, keep records of all payments and messages, and contact the SC on 03-6204 8999 for advice.
Can a company be on the SC list but licensed elsewhere? Yes. A company licensed by another regulator, such as Labuan FSA or an overseas authority, can still be listed if the SC considers its activities in Malaysia unauthorised.
How often is the list updated? The SC updates it periodically and announces new additions in media releases.