During this interim period, brokers can continue to exercise discretion whether or not to impose force selling measures on clients, and accept other types of collateral such as bonds, unit trusts, gold and immovable properties for margin financing.
KUALA LUMPUR: The Securities Commission and Bursa Malaysia have extended the temporary relief measures relating to margin financing to Dec 31,2020.
The relief measures, which had taken effect on March 27, were due to expire on Sept 30.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
