PROGRAMMES - Licensing Examinations - Module Description

• The Securities Industry Development Corporation (SIDC) offers multiple choice question examinations for individuals wishing to undertake one or more regulated activities under a CMSRL.

  Table 2: Description of Examination Modules

  MODULE	DESCRIPTION	NO. OF QUESTIONS	DURATION (MINUTES)	PASS MARK %
  6	Stock Market and Securities Law	60	90	60
  7	Financial Statement Analysis and Asset Valuation	60	90	60
  9	Funds Management Regulation	30	60	60
  10	Asset and Funds Management	30	60	60
  11	Fundamentals of Compliance	40	60	70
  12	Investment Management and Corporate Finance	60	90	70
  14	Futures & Options	60	90	70
  15	Investment Advisory (Rules & Regulations) [Available until 31 July 2008]	60	90	70
  19	Advisory Services (Rules and Regulations)                     [Available from August 2008]	60	90	70
  19A	Advisory Services (Rules and Regulations) – Part A        [Available from August 2008]	40	60	70
  19B	Advisory Services (Rules and Regulations) – Part B    [Available from August 2008]	30	60	70
  16	Rules & Regulations of Futures and Options	80	120	70
  17	Securities and Derivatives Trading (Rules and Regulations)	100	150	70
  18	Securities and Derivatives Trading (Products and Analysis)	100	150	70

• The study outlines published by SIDC are designed to assist candidates in their preparation for the licensing examinations and are correct at the time of print. Study outlines for respective modules are available at www.sidc.com.my. SIDC can arrange for the delivery of the study outline by courier at a cost upon request.

• SIDC reserves the right to amend the study outlines from time to time as it deems appropriate.

• Given the rapid developments of the Malaysian capital market and the consequential changes in its regulations, candidates are advised to update themselves with the relevant changes before attempting the examinations.

• In the event of any amendments to financial reporting standards, contract specifications, acts, guidelines, rules and regulations, candidates will be tested on the previous financial reporting standards, contract specifications, acts, guidelines, rules and regulations for a period not exceeding one (1) month from the effective date of the amendments.

• The SC licensing examination is a computer-based examination (CBE) and the simulation for the CBE system is available at www.sidc.com.my. The simulation is intended to assist candidates in familiarising themselves with the format of the CBE system and consist of sample questions of all the modules. Candidates are encouraged to attempt the simulation prior to their actual examinations.

• Selected reference materials can be purchased at the SIDC shop.

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