The SEC encourages the investing public to be cautious when solicited to take investment advice or use services of unlicensed operators of securities, derivatives and digital asset businesses, including those from foreign countries, as they are not under the SEC’s supervision and may pose a risk of fraud and scams. Concurrently, the SEC urges event organizers to exercise caution when allowing unlicensed business operators to set up exhibition booths, as this may inadvertently facilitate illegal activities.

The SEC has been monitoring and observing events or exhibitions involving booth setups related to investment advice and service solicitation. If it is found that solicitation activities are being conducted by unlicensed business operators or involve investment products not approved for sale, which are deemed illegal under the laws enforced by the SEC, the SEC will request that the event organizers close these booths and pursue legal action, which may result in both imprisonment and fines. If such activities contravene other laws, the SEC will collaborate with relevant authorities to take further action.

Furthermore, leads on suspicious activities in the capital market can be notified to the SEC Complaint Center via Hotline 1207 or SEC Facebook Page or SEC Live Chat on the SEC website.