Page 45 - Introduction To Investment Management

2.5 SECURITIES COMMISSION

Securities Commission Malaysia or Suruhanjaya Sekuriti Malaysia was established on

1st March 1993 under The Securities Commission Act 1993. The institution is a self-
funding statutory body with investigative and enforcement powers. Its reports directly to

the Minister of Finance and its accounts are tabled in Parliament annually.

The regulatory functions carried out by Security Commission are as follows:
i. Supervising exchanges, clearing house and central depositories.

ii. Registering authority for prospectus of corporations other than unlisted
recreational clubs.
iii. Approving authorities for corporate bond issues.

iv. Regulating all matters relating to unit trust schemes.

v. Licencing and supervising all licenced persons.
vi. Encouraging self-regulation.

vii. Ensuring proper conduct of market institutions and licenced persons.
viii. Obliged by statue to encourage and promote the development of the security and

futures market in Malaysia.

2.6 MECHANICS OF TRADING PROCEDURES IN BURSA MALAYSIA

In order to invest in stock market offered by Bursa Malaysia, we need to fulfil some
requirements as follows: -

i. Open a share Trading Account with any the stockbroking companies and must

have Central Depository System (CDS) account. The stock broking company will
put your account under supervision of their remiser. Any enquiry regarding to the

trading can be made between investors and remiser.

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