100+ Free SCLE Module 6 Practice Questions
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Key Facts: SCLE Module 6 Exam
60 questions
Module 6 is an objective multiple-choice computer-based test
SIDC SC Licensing Examinations
90 minutes
Time allowed to complete the 60 questions
SIDC SC Licensing Examinations
60% pass mark
At least 36 of 60 questions must be answered correctly
SIDC SC Licensing Examinations
Level 1
Module 6 is a Level 1 module of the SC Licensing Examinations
SIDC SC Licensing Examinations
CMSA 2007
Capital Markets and Services Act 2007 is the core governing law tested
Securities Commission Malaysia
About 80 hours
Minimum study time SIDC estimates for Module 6
SIDC SCLE Module 6 study outline
RM1,250
FY2026 SC Licensing Examination fee per module
SIDC examination fees
100
Free original practice questions here
OpenExamPrep
SC Licensing Examination Module 6 (Stock Market and Securities Law) is a Level 1 SIDC examination for individuals seeking to deal in securities in Malaysia under the Capital Markets and Services Act 2007. It is a computer-based test of 60 multiple-choice questions in 90 minutes, with a passing mark of 60% (at least 36 correct). The syllabus covers the securities industry and its regulators, Malaysian securities law, Bursa Malaysia trading rules, clearing and settlement, market conduct, investor protection and AML/CFT obligations. SIDC estimates a minimum of about 80 hours of study, and the FY2026 fee is RM1,250 per module. This 100-question bank provides original practice across all six syllabus areas with full explanations.
Sample SCLE Module 6 Practice Questions
Try these sample questions to test your SCLE Module 6 exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.
1Which statutory body is the primary regulator of the Malaysian capital market with responsibility for licensing intermediaries and enforcing securities law?
2Under what legislation was the Securities Commission Malaysia established?
3Which entity operates the stock market on which equities are traded in Malaysia?
4Which Bursa Malaysia subsidiary acts as the central counterparty for the clearing and settlement of securities trades?
5A firm that is admitted as a trading and clearing participant of Bursa Malaysia Securities and is authorised to deal in securities on the exchange is commonly known as a:
6Which of the following best describes the regulatory role of Bursa Malaysia Securities Berhad in relation to its Participating Organisations?
7Which two boards make up the principal equity markets operated by Bursa Malaysia Securities?
8The Malaysian capital market contributes to the economy primarily by:
9Which of the following is a function of the Securities Commission Malaysia?
10The body that maintains a central depository and electronic book-entry system for securities holdings in Malaysia is:
About the SCLE Module 6 Exam
SC Licensing Examination Module 6 (Stock Market and Securities Law) is a Level 1 module of the Securities Commission Malaysia licensing examinations, administered by the Securities Industry Development Corporation (SIDC). It is taken by individuals seeking to be licensed to deal in securities in Malaysia. The module covers the securities industry and its significance to the Malaysian economy, the regulatory structure of the securities market, the main laws governing the industry (notably the Capital Markets and Services Act 2007 and the Securities Commission Act 1993), Bursa Malaysia Securities trading rules and operations, clearing and settlement, the relationship between a stockbroking company and its client, the duty and standard of care of licensed persons, securities offences such as insider trading and market manipulation, and anti-money-laundering and counter-financing-of-terrorism obligations. The examination is a computer-based test of 60 multiple-choice questions with a 60% passing mark.
Assessment
60 objective multiple-choice questions covering the securities industry and regulatory structure, securities law and the CMSA 2007, Bursa Malaysia trading rules and operations, clearing and settlement, market conduct and investor protection, and AML/CFT compliance.
Time Limit
90 minutes.
Passing Score
60% — a candidate must answer at least 36 of the 60 questions correctly to pass.
Exam Fee
RM1,250 per module for FY2026 under SIDC's revised fee structure; confirm the current fee and any resit charge on the official SIDC examination fees page. (Securities Industry Development Corporation (SIDC) on behalf of Securities Commission Malaysia)
SCLE Module 6 Exam Content Outline
Securities Industry and Regulatory Structure
The role of the Malaysian capital market and its significance to the economy, the Securities Commission Malaysia and its powers, Bursa Malaysia Berhad and its subsidiaries (Bursa Malaysia Securities, Bursa Malaysia Securities Clearing and Bursa Malaysia Depository), self-regulation and the regulatory framework for capital market intermediaries.
Securities Law and the CMSA 2007
The Securities Commission Act 1993 and Capital Markets and Services Act 2007, regulated activities, Capital Markets Services Licences and Capital Markets Services Representative's Licences, the Licensing Handbook, fit-and-proper criteria and the consequences of carrying on a regulated activity without a licence.
Bursa Malaysia Trading Rules and Operations
Bursa Malaysia Securities trading rules and Participating Organisation obligations, trading sessions and phases, order types and order handling, the Main Market and ACE Market, dynamic and static price limits, short selling controls and prohibited conduct on the trading system.
Clearing, Settlement and Depository
The role of Bursa Malaysia Securities Clearing as central counterparty, the T+2 settlement cycle, delivery-versus-payment, the Central Depository System, Bursa Malaysia Depository, securities accounts, the buying-in process and the management of failed trades.
Market Conduct and Investor Protection
The stockbroker–client relationship, duty and standard of care, know-your-client and suitability obligations, segregation and protection of client assets, the Capital Market Compensation Fund, conflicts of interest, and securities offences including insider trading, false trading, market manipulation and dissemination of misleading information.
AML/CFT and Compliance
Obligations under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 and SC guidelines for capital market intermediaries, customer due diligence and know-your-customer, record keeping, ongoing monitoring and reporting of suspicious transactions to the Financial Intelligence Unit at Bank Negara Malaysia.
How to Pass the SCLE Module 6 Exam
What You Need to Know
- Passing score: 60% — a candidate must answer at least 36 of the 60 questions correctly to pass.
- Assessment: 60 objective multiple-choice questions covering the securities industry and regulatory structure, securities law and the CMSA 2007, Bursa Malaysia trading rules and operations, clearing and settlement, market conduct and investor protection, and AML/CFT compliance.
- Time limit: 90 minutes.
- Exam fee: RM1,250 per module for FY2026 under SIDC's revised fee structure; confirm the current fee and any resit charge on the official SIDC examination fees page.
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
SCLE Module 6 Study Tips from Top Performers
Frequently Asked Questions
How many questions are on SC Licensing Examination Module 6 and how long is it?
Module 6 (Stock Market and Securities Law) has 60 objective multiple-choice questions delivered by computer-based test, and candidates are given 90 minutes to complete it.
What is the passing mark for SCLE Module 6?
The passing mark is 60%, which means a candidate must answer at least 36 of the 60 multiple-choice questions correctly to pass the examination.
Who administers the SC Licensing Examination Module 6?
The examination is set by Securities Commission Malaysia and administered by the Securities Industry Development Corporation (SIDC). Module 6 is a Level 1 module of the SC Licensing Examinations.
What laws does Module 6 focus on?
The main laws are the Capital Markets and Services Act 2007 and the Securities Commission Act 1993, together with the Rules of Bursa Malaysia Securities, the Listing Requirements, the Licensing Handbook and the AML/CFT guidelines for capital market intermediaries.
Which licence does passing Module 6 support?
Module 6 forms part of the requirements for a Capital Markets Services Representative's Licence for the regulated activity of dealing in securities under the Capital Markets and Services Act 2007.
How much study time does SCLE Module 6 require?
SIDC estimates a minimum of about 80 hours of study, with the actual time depending on a candidate's education background and prior work experience in the securities industry.