Futures Trading Regulations
Table of Contents
1 Citation
2 Definitions
3 Particulars prescribed by forms
4 Directions in forms
5 Manner of application for licence or approval
7 Forms
8 Preparation of accounts
9 Offences
10 Form of auditor’s report
10A Appointment of chief executive officer
10B Duties of chief executive officer
11 Take-over of licensees
11A Minimum capital requirements of futures brokers
11B Minimum financial requirements for futures trading advisers
11C Minimum financial requirements for futures pool operators
12 Minimum financial requirements for futures brokers
12A Reporting of financial requirements by futures brokers
13 Books and records to be kept by futures trading adviser and futures pool operator
14 Reports by futures pool operator
15 Segregation of customers’ funds
15A Investment of customers’ funds
15B Daily computation for segregated account
15C Records to be kept by futures broker
15D Essential particulars of customers
16 Position limits
17 Issue of contract confirmation notes
18 Monthly confirmation statements
19 Conduct of business of futures pool operator
20 Conduct of business of futures trading adviser
21 Trading standards for futures brokers
22 Exemption from section 12 of Act for associated persons
22A Exemption for approved Fund Manager, approved headquarters company, approved Finance and Treasury Centre and specified persons
22B Exemption for order-fillers and persons engaging in leveraged foreign exchange trading only with accredited investors
23 Change of principal
24 Time for document to be lodged
25 Segregated customers’ funds kept by Exchange or clearing house
26 Winding down and transfer of positions, margins and accounts of defaulting futures broker
27 Requirement for Exchange to register trading personnel
28 Large trader reports
29 Verification of margin funds placed with Exchange or clearing house
FIRST SCHEDULE List of Forms
SECOND SCHEDULE
Legislative History