All trainee remisiers and trainee paid dealer's representatives must pass this TDR examination to obtain the Dealer's Representative license from the Securities Commission (SC).

The development of the new syllabus and study guides were driven by the SC and the Kuala Lumpur Stock Exchange (KLSE) with the assistance of Securities Institute of Education, Australia and the Royal Melbourne Institute of Technology, Australia.

The examination based on the new syllabus will be conducted by the KLSE from October 1997. All candidates sitting for the TDR examination will receive the study guides which will comprise of four modules :Malaysian Stock Market, Malaysian Securities Law, Accounting and Financial Statement Analysis and Asset Valuation

The existing examination format will also be changed. While laws and business rules used to account for 70 percent of the syllabus, this has now been revised to a balance of 50 percent law and business rules, and 50 percent financial analysis and asset valuation.

The number of examination questions will be increased from 100 to 120 questions with equal weightage given on every module. Candidates will have three hours to complete the objective questions. The pass rate will remain at 50 percent.

The development of the new syllabus was spurred by rapid development in our local capital market with respect to new products and changes in securities law and regulations.

The new syllabus is part of a long term measure to enhance the skills and knowledge of new trainee dealer's representatives, and increase their level of professionalism.