Lost money in a dispute with a capital market provider and unhappy with how it views your claim? Then, head to SIDREC for an informed third-party view and outcome. By Elaine Boey
Those of you who have been reluctant to invest in an approved investment product or service offered by a licensed capital market intermediary might take comfort in knowing that there is a body looking out for your interests.
The Securities Industry Dispute Resolution Center, or SIDREC, which started operations in 2011, provides investors an avenue to air their grievances against a capital market provider. They receive an independent view, an outcome to their dispute and, perhaps, even a cash settlement.
In our previous article SIDREC to Capital Market Investors: We’ve Got Your Back! (Part 1), Sujatha Sekhar Naik, CEO of SIDREC talked about the scope of services that SIDREC provides, and the types of cases and monetary claims and limitations when coming to SIDREC for dispute resolution.
While stories of cheating abound in social media, protecting yourself from scams and fraudsters is easier than you think.
Sujatha Sekhar Naik, CEO of SIDREC was recently interviewed for the feature Protecting Yourself From Investment Scams in Smart Investor, in which investors are taught how to identify and avoid investment scams.
Securities Industry Dispute Resolution Center (201001025669)
Level 25, Menara Takaful Malaysia
No. 4, Jalan Sultan Sulaiman
50000 Kuala Lumpur
T: +60-3-2276 6969
E: info@sidrec.com.my
