Kuala Lumpur, 22 June 1999

The Securities Industry Development Centre (SIDC) which is the educational and training arm of the Securities Commission (SC) will take over the conduct of the Trainee Dealer's Representative (TDR) examination from the Kuala Lumpur Stock Exchange (KLSE) on 1 July 1999.

The Examination Centre of the SIDC has scheduled its inaugural session of the TDR examination for 4 August 1999 in Kuala Lumpur. With the take-over, the TDR examination will be conducted more frequently, on a monthly basis as compared to the present bi-monthly system.

Under the new system, candidates need only repeat the failed paper instead of having to repeat the entire examination of two papers.

The SIDC, in close consultation with the KLSE, has strived to ensure a smooth transition for existing TDR candidates. In this regard, a special scheme has been designed for candidates who have sat for the TDR examination at KLSE and failed. These candidates will be eligible for the benefit of only repeating the failed paper on the condition they take the examination by October 1999. They will also be able to enjoy a special rate of RM100 for the first repeat.

Nonetheless, if they have not repeated and passed the paper by October 1999, these candidates will be regarded as fresh candidates and will be required to re-register and pay the full examination fee of RM200 per paper and sit for the entire examination consisting of two papers.

Other changes occurring when the SIDC takes over conduct of the TDR examinations are as follows:

  • Revision of passing rates for TDR and MESDAQ examinations
In order to standardise licensing examinations in the securities industry, the passing rate for the TDR and MESDAQ examinations have been revised. Effective 1 July 1999, the passing rate for the TDR examination will be revised from the present 50% to 60% and the MESDAQ examination from 70% to 60%.
  • Modular system of licensing examinations
All licensing examinations will be repackaged as modules and will provide candidates with the benefit of flexibility in selecting combinations of modules depending on the type of license they wish to obtain. Among others, the modules cover the following areas:
  • futures
  • options
  • trading on the various exchanges
  • Malaysian stockmarket and securities laws; and
  • accounting and financial statement analysis and asset valuation.
For further information on the TDR examination and the new modular system, please contact the Examination Centre at tel: 03-654 8202/3 or fax: 03-6515822.

The SIDC currently conducts the Malaysian Futures and Options Registered Representative (MFORR) and MESDAQ licensing examinations. With the SC undertaking the administration of the TDR examination, the SIDC becomes a one-stop examination centre where those wishing to obtain dual-licenses need only go to one centre, instead of two.

The review of licensing examinations is an on-going process and is in line with the SC's plan to rationalise the licensing examinations for the securities and futures industries.


Issued on behalf of the Securities Commission. Members of the press requiring assistance may contact the Corporate Affairs Department at tel no. 03-6548513 (Ann Teoh) / 03-6548184 (Azmi Hariss Ibrahim) or fax no.: 03-6515078.

Background information:
The Securities Industry Development Centre (SIDC) is the education arm of the Securities Commission. It is responsible for facilitating education and research in the development of the capital market in Malaysia through training and dissemination of findings of non-proprietary research. It is also responsible for the development of the SC's resource centre which when fully established will be the premier capital market resource centre for the region.

The Securities Commission (SC), a statutory body reporting to the Minister of Finance, was established under the Securities Commission Act 1993. It is the sole regulatory agency for the regulation and development of capital markets. The SC has direct responsibility for supervising and monitoring the activities of market institutions, including the exchanges and clearing houses, and regulating all persons licensed under the Securities Industry Act 1983 and Futures Industry Act 1993.

More information about the SC is available on its homepage at
about the SC
The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). We are a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market.

General Line: +603-6204 8000
General Email: [email protected]
© Copyright Securities Commission Malaysia.  Contact Us   |    Disclaimer   |   The site is best viewed using Microsoft Edge and Google Chrome with minimum resolution of 1280x1024
Generic Popup