100+ Free SIDC Module 9 Practice Questions
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Key Facts: SIDC Module 9 Exam
30 questions
Module 9 has 30 multiple-choice questions
SIDC SC Licensing Examination terms and conditions
60 minutes
Time allocated for the Module 9 examination
SIDC A Guide on Preparing for the SC Licensing Examinations
60% pass mark
Minimum mark required to pass Module 9
SIDC SC Licensing Examination terms and conditions
Valid 2 years
A PASS result is valid for two years from the examination date
SIDC SC Licensing Examination terms and conditions
Modules 9 and 10
Both must be passed for fund management in relation to portfolio management
Securities Commission Malaysia Licensing Handbook
RM1,250
Fee per sitting for Malaysian residents (RM2,750 non-residents)
SIDC examination fee table
CMSA 2007
Fund management is a regulated activity under the Capital Markets and Services Act 2007
Capital Markets and Services Act 2007
100
Free original practice questions here
OpenExamPrep
SC Licensing Examination Module 9 (Funds Management Regulation) is a Malaysian licensing exam administered by SIDC on behalf of the Securities Commission Malaysia. The paper has 30 multiple-choice questions, a 60-minute time limit and a 60% pass mark, and a PASS is valid for two years. Candidates must pass Modules 9 and 10 to be licensed for fund management in relation to portfolio management. The fee is RM1,250 per sitting for residents and RM2,750 for non-residents. This 100-question bank gives original practice across the CMSA framework, licensing, unit trust and wholesale funds, the PRS, trustee duties, conduct and compliance.
Sample SIDC Module 9 Practice Questions
Try these sample questions to test your SIDC Module 9 exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.
1Which statute is the principal Act regulating capital market activities, including fund management, in Malaysia?
2Which body is the statutory regulator responsible for regulating and developing the Malaysian capital market?
3Under which Act was the Securities Commission Malaysia established?
4Fund management is classified under the CMSA 2007 as a:
5Which of the following best describes the regulated activity of 'fund management' under the CMSA?
6Which of the following is a key object of the Securities Commission Malaysia under its establishing Act?
7A valid contract requires offer, acceptance, consideration, intention to create legal relations and:
8In contract law, 'consideration' refers to:
9Which document issued by the Securities Commission sets out the criteria and requirements for licensing intermediaries such as fund managers?
10A company that wishes to carry on the regulated activity of fund management must hold a:
About the SIDC Module 9 Exam
SC Licensing Examination Module 9: Funds Management Regulation is one of the licensing examinations administered by the Securities Industry Development Corporation (SIDC) under the Capital Markets and Services Act 2007. It tests a candidate's knowledge and understanding of the rules and regulations governing the Malaysian fund management industry, including the CMSA 2007, the Securities Commission Malaysia Act 1993, the Licensing Handbook, the Guidelines on Unit Trust Funds, the Guidelines on Compliance Function for Fund Management Companies, the Guidelines on Conduct for Capital Market Intermediaries, and the AML/CFT framework. It is one of the examinations that must be passed by individuals applying for a Capital Markets Services Representative's Licence (CMSRL) for fund management in relation to portfolio management (Modules 9 and 10), and by compliance officers of fund management companies. The paper has 30 multiple-choice questions, a 60-minute time limit and a 60% pass mark.
Assessment
30 multiple-choice questions covering the regulatory structure, relevant law of contract, licensing of fund managers, compliance, and the SC guidelines governing the Malaysian fund management industry.
Time Limit
60 minutes for all 30 multiple-choice questions.
Passing Score
60%. A PASS result is valid for two years from the examination date.
Exam Fee
RM1,250 per sitting (first sitting and re-sitting) for Malaysian residents; RM2,750 per sitting for non-residents. (Securities Industry Development Corporation (SIDC), on behalf of the Securities Commission Malaysia)
SIDC Module 9 Exam Content Outline
Regulatory framework and securities law
The Capital Markets and Services Act 2007 (CMSA), the Securities Commission Malaysia Act 1993, the objects, role and enforcement powers of the Securities Commission Malaysia, and the relevant law of contract that underpins fund management agreements and mandates.
Licensing of fund managers
The regulated activity of fund management, Capital Markets Services Licence (CMSL) and Capital Markets Services Representative's Licence (CMSRL) requirements, the Licensing Handbook, fit-and-proper and shareholding-composition criteria, minimum financial requirements, and the role of the compliance officer.
Collective investment schemes
Unit trust funds and the Guidelines on Unit Trust Funds, wholesale funds and the wholesale exemption, the Private Retirement Scheme (PRS) and PRS providers, the Lodge and Launch framework, and authorisation/lodgement of unlisted capital market products.
Trustees, custodians and investor protection
Duties of the trustee and custodian, segregation and safekeeping of fund assets, the trust deed and prospectus/disclosure documents, fund valuation and pricing, cooling-off rights, and the protection of unit holders and investors.
Conduct and compliance
The Guidelines on Conduct for Capital Market Intermediaries, conflicts of interest and fair dealing, the Guidelines on Compliance Function for Fund Management Companies, outsourcing and delegation controls, and the AML/CFT and targeted financial sanctions obligations of fund managers.
How to Pass the SIDC Module 9 Exam
What You Need to Know
- Passing score: 60%. A PASS result is valid for two years from the examination date.
- Assessment: 30 multiple-choice questions covering the regulatory structure, relevant law of contract, licensing of fund managers, compliance, and the SC guidelines governing the Malaysian fund management industry.
- Time limit: 60 minutes for all 30 multiple-choice questions.
- Exam fee: RM1,250 per sitting (first sitting and re-sitting) for Malaysian residents; RM2,750 per sitting for non-residents.
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
SIDC Module 9 Study Tips from Top Performers
Frequently Asked Questions
How many questions are on SIDC Module 9 and how long is the exam?
Module 9 (Funds Management Regulation) has 30 multiple-choice questions and a time limit of 60 minutes.
What is the passing mark for Module 9?
The passing mark is 60%. A result graded PASS is valid for two years from the date of the examination.
Who needs to pass Module 9?
Module 9 must be passed by individuals applying for a CMSRL for fund management in relation to portfolio management (together with Module 10) and by compliance officers of fund management companies (with Module 11).
How much does the Module 9 exam cost?
The examination fee is RM1,250 per sitting (first sitting and re-sitting) for Malaysian residents and RM2,750 per sitting for non-residents.
What law and guidelines does Module 9 cover?
It covers the Capital Markets and Services Act 2007, the Securities Commission Malaysia Act 1993, the Licensing Handbook, the Guidelines on Unit Trust Funds, the Guidelines on Conduct for Capital Market Intermediaries, the Compliance Function guidelines and the AML/CFT framework.
Are these official SIDC questions?
No. These are original OpenExamPrep practice questions modelled on the Module 9 syllabus. SIDC publishes the official Examination Study Guide and Study Outline separately.