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Can licensed financial advisers and their representatives conduct non-Financial Advisory activities like being a real estate agent?
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Source: https://www.mas.gov.sgRepresentatives 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 provided here is sourced from the MAS website.
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