ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Licensing and supervising all licensed persons; Supervising exchanges, clearing houses and central depositories; Encouraging self-regulation; and. Ensuring proper conduct of market institutions and licensed persons.

Detailed explanation-2: -The CMA is a regulating body charged with the prime responsibility of supervising, licensing and monitoring the activities of market intermediaries, including the stock exchange and the central depository and settlement system and all the other persons licensed under the Capital Markets Act.

Detailed explanation-3: -The Securities Commission being the regulatory oversight body supervises and monitors Bursa Malaysia with regards to its listing, trading, clearing, settlement and depository operations to ensure Bursa Malaysia performs its regulatory duties and obligations in an effective manner.

Detailed explanation-4: -Securities markets provide two functions: They help companies raise funds by making the initial sale of stock to the public. They provide a place where investors can trade previously issued stock.