Section 76: Business standards

A securities business person shall, in carrying on the securities business, observe the following business principles:-

(a) To maintain the operation of securities business fair and of high standards,

(b) To carry on the securities business with proper skills, care and hard work,

(c) To keep on the higher standard of stock exchanges,

(d) To obtain information from customers as to their objective to make investments and provide services accordingly,

(e) To provide such information and advice as may be required for customers to make decisions on investment in securities,

(f) To avoid conflicts of own interests with the interests of customers and, in the event of the existence of such a situation, to disclose that matter to customers and carry on the securities business having
regard to the interest of customers,

(g) To make such provisions as may be necessary to fulfill commitments made in relation to the securities business,

(h) To properly maintain records relating to the securities business,

(i) To provide for necessary training to employees in order to prepare skilled human resources for the operation of the securities business,

(j) To observe such other principles as prescribed in relation to the operation of the securities business.