The Securities Commission Malaysia has revised the Guidelines on Market Conduct and Business Practices for Stockbroking Companies and Licensed Representatives. The new guidelines took effect on 4 April 2022.
A new Chapter 9A has been introduced in the new guidelines to set out the requirements with which both stockbroking companies and their licensed representatives must comply in order for the licensed representative to offer investment advice on listed securities.
For further information on this topic please contact Pamela Kung at Shearn Delamore & Co by telephone (+60 3 2027 2911) or email ([email protected]). The Shearn Delamore & Co website can be accessed at www.shearndelamore.com.