Bursa Malaysia Securities Berhad carries out all of the following functions, EXCEPT:
Pursuant to the Rules of Bursa Malaysia Securities Berhad, a Participating Organisation shall request for additional margin from its margin account clients in which of the following situations?
(i) Unusual rapid or volatile changes in value of securities
(ii) Active trading by client
(iii) Non-existence of active market
(iv) Suspension of securities from trading
Bursa Malaysia Securities Berhad may do all of the following EXCEPT:
Where a contract for the sale of shares exists, to whom do the rights and obligations under the contract apply?
(i) To the buyer of the shares
(ii) To the seller of the shares
(iii) To Bursa Malaysia Securities Berhad through whom the shares are traded
(iv) To the provider of a secured loan to the buyer
As a general rule, a Participating Organisation shall submit to Bursa Malaysia Securities Berhad a return pertaining to its Liquid Capital, Total Risk Requirement, Liquid Margin and Capital Adequacy Ratio:
Choose one situation, which DOES NOT describe, the stockbroking companies' duty to their clients
Zodiac SdnBhd (Zodiac) is a company that claims to trade products in a foreign futures exchange. However it has no substantial evidence of such trades being transmitted to foreign futures exchange and it normally executes customer's orders as its own account instead of on the market. Zodiac has committed the offence of ______________.
Which of the following are elements of good corporate governance?
(i) Promotion of shareholders' rights
(ii) Investor education
(iii) Promotion of shareholders' responsibilities
(iv) Controlled access to the management of the company
Which of the following BEST describes the scope of compliance?
In the context of compliance function, which of the following is a STRUCTURAL issue?
Select statements which are CORRECT pertaining to Compliance Culture.
(i) Ultimate responsibility for embedding a compliance culture within a firm lies with the Compliance Officer
(ii) Compliance Culture of a firm differs from one firm to another
(iii) Compliance Culture of a firm arises from the firm's values, attitudes and beliefs
(iv) Comparing the process procedures and administration of the firm with principles of compliance may determine whether a firm is pro-compliance or anti-compliance
A company listed on Bursa Malaysia Securities Berhad must ensure that the period between the announcement of the book closure date for a rights issue and the actual book closure date is not less than:
The above describes the Islamic principle of:
When would securities be delivered into the buyer's account on a ready basis contract?
'X' is a type of derivatives contract with the following features:
(i) Name of the Trading Participant
(ii) Name of the counter-party Trading Participant
(iii) Name of the exchange on which the contracts were effected
(iv) Cash and equities held for the credit of the client
Client A wishes to deliver crude palm oil into a Port Tank Installations (PTI) and the Appraisal by PTI shows that the free fatty acid (as Palmitic-molecular weight 256) is at 5%. Which of the following would MOST LIKELY be the implication of such Appraisal?
Assume that the August Crude Palm Oil Futures Contract expires on 15/8/20XX. Under the Rules of Bursa Malaysia Derivatives Berhad, what is the LATEST date for the Trading Participant to dispatch or post the monthly statements to its clients?
Pursuant to the Rules of Bursa Malaysia Derivatives Berhad, which of the following is the MINIMUM information that shall be recorded in the complaints log/register for complaints received from clients?
(i) Identity of complainant
(ii) Date complaint was received
(iii) Identity of the registered representative servicing the account
(iv) General description of the matter complained of
In a cash flow statement, the purchase of a building would:
(i) The Godfather (1972)
(ii) The Shawshank Redemption (1994)
(iii) Shichinin No Samurai (1954)
Which of the following is the MOST appropriate discount rate to be used when valuing a firm as a whole?
Orange Bhd wishes to issue bonus issue to its entire existing shareholder on 14 June 2006. The bonus issue is based on 1:2. UPDATED BY YP
From whom should Orange Bhd seek for approval for the proposed corporate exercise?
If an investor owns 1,000 shares, how many shares would he/she receive for the bonus issue?
A company's internal regulations which covers matters like allotment of shares, transfer of shares and appointment of directors is known as:
The Kuala Lumpur Composite Index (KLCI) consists of how many component stocks?
Orders for the execution of purchases and sales of securities are effected through the:
Which of the following are derivative securities?
(i) Convertible loan stocks
(ii) Call warrant
(ii) Financial constraints
(iii) Foreign exchange bottlenecks