Securities Law - Chapter 4

Which of the following is NOT a learning objective for this chapter on securities law in Malaysia?

The learning objectives for this chapter aim to equip students with the ability to identify market misconduct using securities law provisions.

What are the three primary objectives students should achieve after studying this chapter?

Applying the provisions of securities law helps in discovering ______ in the market.

Match the learning objective with its corresponding description:

Which of these sections relate to prohibited conduct related to securities?

The maximum penalty for a person found guilty of contravening sections 175, 176, 177, 178, 179 or 181 is 10 years imprisonment and a fine of at least one million ringgit.

What is the primary purpose of the Securities Industry (Central Depositories) Act 1991 (SICDA)?

The ______ of Malaysia is exempt from the restrictions on the establishment of a central depository under section 3(2).

Match the following terms with their corresponding descriptions:

Which of the following acts is NOT specifically mentioned as pertaining to the Securities Industry in Malaysia?

The ______ is a body corporate established by the Securities Commission Act 1993 (SCA).

The Securities Commission Act 1993 (SCA) outlines the establishment of the 'Securities Board' as the primary regulatory body for the securities industry in Malaysia.

What is the primary function of the Securities Commission according to the provided text?

Match the following acts with their corresponding abbreviations:

Which Act primarily regulates the securities industry in Malaysia?

The Securities Commission has the ability to acquire, hold, and dispose of movable and immovable property.

Which of the following sections in the Financial Service Act 2013 (FSA) deals with the restriction on offering shares, debentures, etc. for subscription or purchase?

The Securities Commission has the function of ensuring the ______ and ______ of capital markets in Malaysia.

The Financial Service Act 2013 (FSA) is primarily aimed at promoting economic growth.

What is the primary goal of the Financial Service Act 2013 (FSA)?

Reporting institutions are required to keep records for all transactions, regardless of the amount involved.

The ______ Act 2013 is designed to regulate and supervise financial institutions, payment systems, and other relevant entities.

Which of the following is NOT a type of transaction that a reporting institution is required to record?

Match the following sections of the Financial Service Act 2013 (FSA) with their respective provisions:

A reporting institution must report any transaction that exceeds the amount specified by the ______.

Which section of the Financial Service Act 2013 (FSA) focuses on providing relief from requirements regarding the form and content of accounts and reports?

Section 368A of the Financial Service Act 2013 (FSA) deals with the power of the Registrar to require a statement of valuation of assets.

What information must be included in the record of a transaction?

Match the following information with the corresponding requirement for record-keeping:

Which section of the Financial Service Act 2013 (FSA) addresses the issue of dividends being payable only from profits?

When should a reporting institution report a transaction to the competent authority?

What is the purpose of record-keeping and reporting requirements for reporting institutions?

Under what circumstances can an investigating officer enter premises without a search warrant?

The form of the record for a transaction can only be determined by the competent authority.

An investigating officer is allowed to seize and detain any property, record, report, or document found during a search.

What is the maximum fine for contravening any provision of this Act or regulations made under it?

An investigating officer can seize and detain any ______ found during a search of premises.

Match the following actions with the corresponding allowed actions for an investigating officer:

Who is responsible for reporting suspicious transactions under Part V of the Act?

The Act explicitly defines what a 'suspicious transaction' is.

What is the purpose of Part IV of the Act?