ASIC Market Integrity Rules (ASX Market) 2010 - LexisNexis

More documents

Recommendations

Info

LexisNexis ASIC Market Integrity Rules (ASX Market) 2010(4) If ASIC is satisfied that:(a)(b)an application for re-accreditation made by a Market Participant; andthe person in respect of which the application for re-accreditation is made,meets the applicable requirements of this Rule, ASIC will re-accredit the person in therelevant category of accreditation.(5) ASIC will give the Market Participant a written notice that the person has been reaccreditedunder subrule (4), specifying:(a)(b)any conditions to which the accreditation is subject;the Renewal Date.(6) Nothing in subrule (4) prevents ASIC from seeking further information from the MarketParticipant for the purposes of satisfying itself that the person or the application meets therequirements of the relevant Rule.Note: There is no penalty for this Rule.2.4.21 Continuing Professional Education Requirements for AccreditedAdvisers(1) A Market Participant must ensure that all of its Accredited Advisers comply with anycontinuing professional education requirements approved by ASIC in accordance withsubrule (2).(2) For the purposes of subrule (1), ASIC may approve, in writing, continuing professionaleducation requirements for Accredited Advisers that are relevant to the skills and knowledgerequired to provide Financial Product Advice of the kind covered by the relevant category ofaccreditation.Maximum penalty: $20,0002.4.22 Managed Discretionary Accounts—Derivatives Market Transactions andWarrantsA Market Participant must ensure that a Managed Discretionary Account for a Retail Clientwhich involves dealing in Derivatives Market Transactions or Warrants is operated by anAccredited Adviser with the appropriate accreditation under these Rules.Maximum penalty: $1,000,000Copyright Australian Securities and Investments Commission. Reproduced with permission.
LexisNexis ASIC Market Integrity Rules (ASX Market) 2010Part 2.5 Designated Trading Representatives (DTRs)2.5.1 Trading in a Trading PlatformA Trading Participant must ensure that all trading in a Trading Platform by the TradingParticipant is carried out either:(a)(b)by DTRs; orin accordance with the Automated Order Processing Requirements.Maximum penalty: $1,000,0002.5.2 Trading Participant must have a DTRA Trading Participant must have at least one DTR in respect of any one or more Products forwhich the Trading Participant has Trading Permission.Maximum penalty: $1,000,0002.5.3 DTRs may submit Trading MessagesA Trading Participant must ensure that only its DTRs submit Trading Messages into theTrading Platform through the Trading Participant’s system, unless the trading is conducted inaccordance with the Automated Order Processing Requirements.Maximum penalty: $1,000,0002.5.4 Responsibility of Trading ParticipantA Trading Participant is responsible for the accuracy of details, the integrity and bona fidesof all Trading Messages containing their unique identifier that are submitted into the TradingPlatform, regardless of whether a DTR of the Trading Participant was involved in theirsubmission.Note: There is no penalty for this Rule.2.5.5 DTR criteriaA Trading Participant must ensure that:(a)each of its DTRs is at all times a Representative of the Trading Participant authorised todeal in the Products in respect of which the DTR submits orders on behalf of theTrading Participant either:(i)(ii)under the Trading Participant’s AFSL; orunder the person’s own AFSL (unless the person is a Principal Trader not requiredto hold an AFSL);Copyright Australian Securities and Investments Commission. Reproduced with permission.
Page 3: LexisNexis ASIC Market Integrity Ru
Page 7 and 8: LexisNexis ASIC Market Integrity Ru
Page 93 and 94:
LexisNexis ASIC Market Integrity Ru
Page 95 and 96:
Page 97 and 98:
Page 99 and 100:
Page 101 and 102:
LexisNexis Appendix: ASIC Market In
Page 103 and 104:
Page 105 and 106:
Page 107 and 108:
Page 109 and 110:
Page 111 and 112:
Page 113 and 114:
Page 115 and 116:
Page 117 and 118:
Page 119 and 120:
Page 121 and 122:
Page 123 and 124:
Page 125 and 126:
Page 127 and 128:
Page 129 and 130:
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
show all

ASIC Market Integrity Rules (ASX Market) 2010 - LexisNexis

Create successful ePaper yourself

Delete template?

Save as template?