LEAs Training Series : Securities Commission Malaysia

1. Which of the following activity is not regulated under the Schedule 2 Capital Markets And Services Act 2007 (“CMSA 2007”)?

• Dealing in Securities

• Fund Management

• Interest Scheme

• Investment Advice

Which of the following activities, products or schemes triggers the requirement of the CMSA 2007?

• Conducting a regulated activity under Schedule 2 CMSA 2007 without a valid license.

• Establishing, operating a stock market or recognized market pursuant to Section 7

  & 34 CMSA 2007

• Offering of securities without the required approval, authorization, recognition or

  registration of prospectus

• All of the above

What is Digital Asset Exchange (DAX) ?

• Platform that enables investors to fund start-up companies and small businesses in return for equity rights

• Platform that facilitates the trading of cryptocurrencies

• Platform that enables investors to lend money to businesses

Registration with SC is required for a Digital Asset Exchange (DAX) to operate in Malaysia.

• True

• False

When did the SC introduce the Prescription Order for Digital Currency and Digital Token?

• 15 January 2019

• 20 April 2019

• 12 January 2020

• 5 February 2020

Which of the following are amongst the actions taken by the SC against unlicensed activities?

• a) Update SC’s Investor Alert List

• Submit request to block website to MCMC

• Refer to other agencies/foreign regulators

• Lodge a police report

• All of the above

Information Memorandum (IM) lodged with the SC by an unlisted Berhad company for offering of Redeemable Preference Shares (RPS) is validated and approved by the SC.

• True

• False

Which of the following are characteristics of current illegal investment schemes?

• Offer various investment packages with high returns within a short period of time

• Claim to be licensed by regulators in other jurisdictions

• Use of certificates by various authorities

• All of the above

The following are the objectives of InvestSmart®️, except ..

• Promote retail participations in the capital market

• Encourage members of the public to take control of their finances

• Raise awareness on the role of SC and related agencies

  
  

• Recommend suitable investment portfolios for investors

• Equip investors with the knowledge, skills and tools needed to exercise good judgement and discretion

The following are tips to avoid being scammed, except...

• Always deal with authorised companies/individuals

• Check SC’s Investor Alert List

• Payment for the purpose of investment can be made to personal bank account of licensed individuals

• Be wary of investment opportunities offering high return within a short span of time