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Section 139

Dealing in securities

of Labuan Financial Services and Securities Act 2010

ActIn forceProvision 138 of 201
Section 139
(1)

No person other than a trading agent shall engage in or hold himself out as engaging in the business of dealing in securities on any exchange.

(2)

Any person who contravenes subsection (1) commits an offence and shall, on conviction, be liable to a fine not exceeding one million ringgit or to imprisonment for a term not exceeding three years or to both.