本帖最后由 icy97 于 23-5-2012 10:46 PM 编辑
这是我今天收到的邮件
Dear Sir,
As for PIDM mentioned in your email, PIDM actually insures the money of personal bank account against the bank if there is bankruptcy happen on the bank. As for the protection of your deposit in Jupiter Trust Account, we would like to share about the safety of your money as following: Safety of Money In Trust
All our clients' monies are deposited with banks, thus, the monies are insured under MDIC. However, you may appreciate that MDIC insure deposits up to RM60,000 only in the remote event that the Bank cannot repay depositors.
In respect of Stockbroking Companies, we are governed and under the purview of the Capital Market & Services Act (CMSA), Securities Commission Act, Bursa Malaysia Rules & Regulations and several other Rules & Regulations that all Brokers must comply. You may say that we are in a highly regulated industry with all the Acts, Rules and Guidelines that brokers must adhere to.
Clients’ monies with brokers are required by law (Section 111 of the CMSA) to be held in Clients’ Trust Accounts opened with licensed financial institutions. Any person suffering a loss in the manner referred to in Section 152 of the CMSA can also make a claim from the Compensation Fund required by law to be maintained by Bursa Malaysia. As at 31 December 2007, the Compensation Fund stood at RM279 million (comprising contributions by Bursa Securities and Brokers). Over and above these contributions, the Securities Commission had also set aside RM100 million to meet the needs of the Compensation Fund as and when required.
Section 111 and Sections 112 to 115 of the CMSA specifically deals with the requirements that Brokers must strictly comply when dealing with clients' monies and any person who contravenes with any of these Sections is liable on conviction to a fine of RM1 million or to a jail term of 10 years or both.
Rule 405.1 (arising from Section 111 of CMSA) of Rules of Bursa Malaysia Securities Berhad (“Bursa Securities”) requires every Brokers to open trust account with a licensed financial institution (designated as ‘Clients' Trust Account’). The Clients' Trust Account cannot co-mingle with the Broker's operating bank account. In the remote event that a broker is faced with liquidation, monies in the Clients' Trust Account cannot be utilized to settle the Broker’s liabilities.
Essentially, your money in the Clients' Trust Account can only be debited against your purchase contracts or contra losses when the transactions are due. On the other hand, your Trust Account shall be credited when your sales contracts, contra gains and etc... are due for payment.
In view of the importance and strict guidelines applicable to the protection of clients' monies, Brokers are subject to the following:
1. The compliance officer of the Stockbroking Company regularly monitors the compliance of procedures in respect of clients' trust monies.
2. The Directors of the stockbroking companies must declare to Bursa Malaysia on regular basis that the procedures in respect of dealing with clients' trust monies are complied with at all times.
3. Bursa Malaysia regularly audit brokers in respect of compliance of the same.
I hope the above explanation will clear your doubt in regard to the safety of your money. As in the case of all our other clients who placed millions of ringgit with us, we would like to assure you that with the various provisions under the law and the importance imposed by the Regulators and Brokers in respect to the "Protection of Clients' Monies", your money is safe.
Thank you.
Best Regards,
Customer Service Department
Jupiter Securities Sdn Bhd
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