ASIC Market Integrity Rules (ASX Market) 2010 - LexisNexis

LexisNexis ASIC Market Integrity Rules (ASX Market) 2010(b)the security arrangements regarding access by the Authorised Person to a computer orother device connected to the Trading Participant’s Open Interface Device and itslocation or if not fixed, the method of identifying the computer or other device,for a period of 7 years from the date the person ceases to be an Authorised Person.Maximum penalty: $100,0004.1.10 Telephone recording of client dealings—Futures Market Transactions(1) A Market Participant must record, by tape, telephone lines or other electronic device, alltelephone conversations with clients in relation to its dealings in Futures MarketTransactions including, without limitation, conversations relating to the receipt, transactionand confirmation of orders.(2) The Market Participant must retain the records referred to in subrule (1) for at least 3months.Maximum penalty: $100,000Part 4.2 Records—General4.2.1 General recordkeeping requirements(1) A Market Participant must maintain accurate records in sufficient detail to showparticulars of:(a)(b)(c)(d)(e)(f)all money received or paid by the Market Participant, including trust account receiptsand payments in a manner usual for a business of the kind being carried on by a MarketParticipant;all transactions by the Market Participant with or for the account of:(i)(ii)a person of a type described in Rule 5.4.1 or a Related Party;other Market Participants; and(iii) members of any overseas stock exchange;all income from commissions, interest and other sources and all expenses, commissionsand interest paid;all assets and liabilities, including contingent liabilities of the Market Participant;all Cash Market Products and Derivatives Market Contracts which are the property ofthe Market Participant, showing by whom they, or the documents of title to them, areheld and if held otherwise than by the Market Participant, whether they are held assecurity for loans or advances;all Cash Market Products and Derivatives Market Contracts which are not the propertyof the Market Participant but for which the Market Participant or any nomineeCopyright Australian Securities and Investments Commission. Reproduced with permission.