 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
DBR and Investor ProtectionWhat does DBR ultimately mean to me as an investor? Since DBR accords the responsibility of decision-making to you, the investor, in recognition of the fact that they are most careful with their own money, investors need to be aware of their roles and what is expected of them under DBR. Under DBR, investors would play the role of the ultimate decision-maker. They alone would have to decide whether or not a security being offered is a good or poor investment based on their own assessment of the potential risks and rewards in light of the information disclosed by the issuers of the securities. Since investors can now no longer plead ignorance or cry foul when an investment turns sour, it is imperative that investors arm themselves with adequate education and knowledge on investment decision-making and the interpretation of financial information. This would ensure that they are well positioned to not only demand but to also consume a high level of disclosure and assess the adequacy of the information and level of due diligence exercised by issuers and their advisers. In addition, investors should also ensure that they are well informed of the remedies and legal recourse that they are entitled to under Malaysian securities legislation and regulations. As the adage goes, a well-informed investor is the best-protected investor. While DBR empowers investors to decide where to allocate their capital, it also shoulders them with the responsibility of their decision. So the dictum caveat emptor or ‘let the buyer beware’ is one that an investor would ignore at his own peril.
|
||||||||
