New designation means US investors can trade directly in Malaysia
More encouraging news for Bursa Malaysia: The US Securities & Exchange Commission (US SEC) has officially recognized it as a “Designated Offshore Securities Market”, enabling US investors to trade directly in all securities listed on the Malaysian market. The new ruling also covers shelf-listed bonds that satisfy conditions of Regulation S of the United States Securities Act 1933.
US based investors face extra regulations and restrictions trading in securities outside the United States. Bursa Malaysia’s new designation eases those restrictions, opening more doors to foreign investment and allowing larger US institutional investors to get involved.
source & article: Business Times
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