Najib Launches 2nd Capital MKT Masterplan, MKT To Be Worth RM5.8 Trillion In A Decade
Prime Minister Datuk Seri Najib Tun Razak exposed what CMP2 means: changes to the regulatory framework for fundraising and product regulation to slash unnecessary red tape and lead to faster turnaround of approvals. The purpose is to open the potential of the market.
At the "Invest Malaysia 2011" conference, Najib stated that there is a plan to increase the number of Proprietary Day Traders by almost threefold to enable more dealer representatives to become specialised traders.
Present at the conference were: Tun Mohamed Dzaiddin Haji Abdullah, chairman of Bursa Malaysia, Tnn Sri Dr Zeti Akhtar Aziz, Bank Negara Malaysia Governor, Tan Sri Zarinah Anwar, chairman of Securities Commission, Tan Sri Megat Zaharuddin Megat Mohd Nor, chairman of Maybank Goup, Datuk Tajuddin Atan, the new chief executive officer of Bursa Malaysia and Datuk Seri Abdul Wahid Omar, the chief executive officer of Maybank Group.