SCLE Revision Module 6: Stock Market and Securities Law

• Securities
• The Malaysian Stock Market
• Islamic Capital Market
• Participants and Intermediaries in the Malaysian Stock Market
• Development and Impact of Technology on Securities Trading

Regulation of the Securities Industry

• Overview of the Law
• Regulatory Bodies in Malaysia

Business Structures

• Range of Business Structures
• Companies
• A Company’s Constitution
• General Management and Administration
• Administration and Management of a Participating Organisation

• Primary Issues of Ordinary Shares
• Post Listing Requirements
• Securities Issues in the Secondary Market
• Debt Securities and Derivative Product
• Structured Products
• Bursa Malaysia Securities Berhad Main Market Listing Requirements
• Bursa Malaysia Securities Berhad ACE Market Listing Requirements
• Bursa Malaysia Securities Berhad LEAP Market Listing Requirements

• Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework
  • Section A: General Requirements
  • Section B: Part 2: Structured Products
  • Lodgement Kit: Unlisted Capital Market Products under the Lodge and Launch Framework

Trading on the Secondary Market

• The Trading System
• Rules of Bursa Malaysia Securities Berhad on Trading
• Bursa Malaysia Securities Berhad Participating Organisations’ Trading Manual
• Guidelines on Prevention of Money Laundering and Terrorism Financing for Reporting Institutions in the Capital Market
  • Part I: Introduction and Applicability
  • Part 1A: AML/CFT Compliance Programmes and Obligations of Board of Directors, Senior Management and Compliance Officer
  • Part II: Risk-Based Approach Application
  • Part III: Customer Due Diligence (CDD)
  • Part IIIA: Wire Transfer
  • Part IV: Retention of Records
  • Part V: Suspicious Transactions
  • Part VI: Enforcement Orders
  • Part VII: Combating Terrorism Financing

Guidelines on Implementation of Targeted Financial Sanctions Relating to Proliferation Financing for Capital Market Intermediaries

1. 1. Introduction
   2. Applicability
   3. Definitions
   4. Combating Proliferation Financing
   5. Reporting Requirements

• Guidelines on Market Conduct and Business Practices for Stockbroking Companies and Licensed Representatives: Part I, II & III

Guidelines on Conduct For Capital Market Intermediaries

• Chapter 1 – Introduction
• Chapter 2 – Applicability
• Chapter 3 – Related Provisions
• Chapter 4 – Definitions
• Chapter 5 – Honesty and Fairness
• Chapter 6 – Care, Skill and Diligence
• Chapter 7 – Conflict of Interest
• Chapter 8 – Client’s Assets and Information
• Chapter 9 – Communication With Clients and Regulators
• Chapter 10 – Compliance
• Chapter 11- The SC’s Assessment on Compliance With These Guidelines

Clearing, Delivery, Settlement and Corporate Actions

• Clearing
• Delivery and Settlement
• Corporate Actions
• Other Matters

• What is the Law of Contract?
• Essential Elements of a Contract
• Contracts entered into on Bursa Malaysia Securities Berhad

• Stockbroking Company and Client
• Rules Governing the Stockbroking Company and Client Relationship
• Buying Securities on the Market
• Direct Business Transaction (DBT)
• Participating Organisation’s Duties to Clients’
• Participating Organisation’s Rights
• Client’s Rights
• Keeping of Records

Negligent Misstatement

• Essential Elements of the Tort of Negligent Misstatement
• Statutory Liability

• Licensing Framework

Guidance Note on Provision of Investment Advice

• Part 1 – Introduction
• Part II – Guidance Note on Provision of Investment Advice
• General
• Illustrations

Securities Offences

• Trading in Securities: Prohibited Conduct Under the CMSA
• Other Offences Relating to Dealing
• Other Offences Relating to False and Misleading Statements
• Other Offences

• Introduction of Take-Overs
• General Principles and Rules on Take-Overs and Mergers
• Types of Take-Over Offers
• Processes and Procedures of Take-Over Offers
• Roles and Responsibilities of a Capital Markets Services Representative’s Licence (CMSRL) Holder
• Penalties for contravention of the Code