“The suspension of RSS, scheduled to expire on Dec 31,2020, will be uplifted on Jan 1,2021, to facilitate investors’ risk management and revive securities borrowing and lending (SBL) activities, which is an integral capital market function to promote product development and market making activities, ” the SC and Bursa Malaysia said.
PETALING JAYA: The Securities Commission (SC) and Bursa Malaysia Bhd
will uplift the temporary suspension of regulated short selling (RSS) on Jan 1.
In a joint statement, the capital market regulators said the decision was made after careful consideration of current market conditions and the evolving needs of the market.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
