Malaysia legislation

Section 4

of COMMODITIES TRADING ACT 1985

Section 4

The Commission shall—

(a)

be responsible for enforcing the provisions of this Act;

(b)

be responsible for supervising the activities of the exchange company and of the clearing house and promoting proper conduct amongst their members;

(c)

take all reasonable measures to safeguard the interest of persons who trade in commodity futures contracts;

(d)

suppress illegal and improper practices in relation to trading in commodity futures contracts and price manipulations in a commodity market;

(e)

promote and maintain the integrity of registered persons and encourage the promulgation by dealers and commodity trading advisers of balanced and informed advice to their clients;

(f)

advise the Minister on all matters relating to trading in commodity futures contracts;

(g)

advise the Minister on all matters relating to the purchase or sale of commodities for spot delivery or for deferred shipment or delivery; and

(h)

consider and suggest reforms of the law relating to trading in commodity futures contracts including changes to the constitution, rules and regulations of the exchange company and of the clearing house.