Malaysia legislation

Section 31

of CAPITAL MARKETS AND SERVICES (AMENDMENT) ACT 2011

Section 31

Substitution of section 101

The principal Act is amended by substituting for section 101

the following section:

“Trading limits in standardized derivatives

Quoted provision

Section 101

(1)

The Commission or a derivatives exchange with the approval of the Commission may, by notice in writing from time to time, specify such limits as it considers necessary on the amount of trading which may be done or positions which may be assumed by any person under a standardized derivative.

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Section 31 — AKTA PASARAN MODAL DAN PERKHIDMATAN (PINDAAN) 2011