ASIC Market Integrity Rules (ASX Market) 2010 - LexisNexis

LexisNexis ASIC Market Integrity Rules (ASX Market) 2010(2) A Market Participant is not required to enter into an agreement under subrule (1) beforeentering into a Market Transaction to sell Partly Paid Securities.Maximum penalty: $100,0003.1.10 Other terms of Client AgreementsFor the avoidance of doubt, a Client Agreement may include other disclosures,acknowledgements, terms and conditions agreed between the Market Participant and theClient, or required to be included under the Market Operating Rules, provided they are notinconsistent with the requirements of Rules 3.1.6, 3.1.7, 3.1.8 and 3.1.9.Note: There is no penalty for this Rule.3.1.11 Market Participant to keep copy of Client Agreement and disclosuresThe Market Participant must retain a copy of each Client Agreement and any disclosuresmade under this Part for at least 7 years following the date on which the Client Agreement,or the arrangement the subject of the disclosure, is terminated.Maximum penalty: $100,0003.1.12 Client agreement where Market Participant is not the ClearingParticipant (Options Market Transactions only)Before entering into an Options Market Transaction for a person (the “Client”), where theMarket Participant:(a)(b)is not a Clearing Participant, who is permitted under the Clearing Rules to clear thatOptions Market Transaction; oris a Clearing Participant, who is permitted under the Clearing Rules to clear that MarketTransaction, but has an arrangement with another Clearing Participant to clear thatOptions Market Transaction, and such transaction is cleared under the arrangement,the Market Participant must:(c)(d)have previously confirmed with the Clearing Participant that the Client has entered intoan agreement with the Clearing Participant as required under the Clearing Rules; orwhere the Client is a Wholesale Client, have satisfied itself that the Client has executedand lodged with the Clearing Facility a Wholesale Client Agreement as required underthe Market Operating Rules.Maximum penalty: $100,000Copyright Australian Securities and Investments Commission. Reproduced with permission.