Malaysia legislation
Section 6
Section 6
(a)
to take such action as in the Commission's judgement is necessary to maintain or restore orderly trading in or liquidation of any futures contract, including but not limited to, the setting of temporary emergency margin levels on any futures contracts and the fixing of limits that may apply to a market position acquired in good faith prior to the effective date of the Commission's action;
(b)
where appropriate and necessary but without prejudice to the rights and interests of innocent third parties, to direct the clearing house not to make payment, refund or release to any person, any monies or securities available to the clearing house in excess after settlement of any contract that is in default under the rules of the clearing house or of the exchange company, until investigation and determination of the default are completed in accordance with the rules of the exchange company.
(2)
The term "emergency" as used in this section shall mean in addition to threatened or actual market manipulations and corners, any act of the Government or of a foreign government affecting a commodity, acts of war, acts of God or physical emergencies which cannot be handled by the exchange company or the clearing house, or any other major market disturbance which prevents the market from accurately reflecting the forces of supply and demand for such commodity.