SIDC Module 16 Practice Questions - SC Licensing Examination Module 16 Rules And Regulations Of Futures And Options Exam

What is the principal statutory objective of the Securities Commission Malaysia Act 1993?

To establish the Securities Commission Malaysia and define its regulatory functions and powers To govern the listing of derivatives contracts on Bursa Malaysia Derivatives Berhad To license individual compliance officers in commercial banks To establish a compensation fund for equity market defaults only

Correct Answer:

To establish the Securities Commission Malaysia and define its regulatory functions and powers

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