Can licensed financial advisers and their representatives conduct non-Financial Advisory activities like being a real estate agent?

Question

Accepted Answer

Representatives of financial advisers are not allowed to act as real estate salespersons or agents. This prohibition is set out in Regulation 40E(e) of the Financial Advisers Regulations . Other prohibited activities include moneylending, promoting marketing arrangements for casinos and marketing investment products that are not regulated under the Financial Advisers Act 2001 . Please note that this is not an exhaustive list of examples.

This information is sourced from MAS

Can licensed financial advisers and their representatives conduct non-Financial Advisory activities like being a real estate agent?

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