Demutualised, listed KLSE to be under direct SC supervision

THE Securities Commission (SC) will undertake direct supervision of the KLSE after its demutualisation and listing, the exchange's executive chairman Datuk Mohd Azlan Hashim said. A regulatory framework would be formulated and established for this purpose, he said. 

“Rather than be left only to the KLSE rules and market forces, the SC will supervise the listed demutualised KLSE as well as the listing and trading of KLSE shares on the stock exchange,” Azlan said.