ASIC Market Integrity Rules (ASX Market) 2010 - LexisNexis

LexisNexis ASIC Market Integrity Rules (ASX Market) 2010(iv) there is an arrangement between the Issuer and the Market Operator under whichthe ETF Securities will be granted Official Quotation before settlement of thedisposal or acquisition; and(v)the number of ETF Securities on issue is regularly reported to the Market Operatoron the basis required by the Market Operator.Note: There is no penalty for this Rule.5.10.3 Dealings in Securities for which Official Quotation will not be soughtA Trading Participant may deal in new Securities issued by a listed entity for which OfficialQuotation will not be sought 24 hours after that entity has advised the Market of the detailsof the issue.Note: There is no penalty for this Rule.5.10.4 Dealings in Cash Market Products suspended from Official QuotationA Trading Participant must not deal in Cash Market Products which have been suspendedfrom quotation or trading unless prior written approval has been given by the MarketOperator.Maximum penalty: $100,0005.10.5 Disclosure of shortfall—Must disclose to ClientA Market Participant, an Employee or a director of a Market Participant or a company which is apartner of a Market Participant who or which will be required to acquire Cash Market Products asunderwriter or sub-underwriter must not offer such Cash Market Products to clients unless:(a)(b)they first inform the clients concerned of the closing date of the issue or offering of theCash Market Products and the reasons for the acquisition; orthe offer to the client is made more than 90 days from the closing date.Maximum penalty: $100,0005.10.6 Expenses—Reimbursement for out-of-pocket expensesWhere a Trading Participant seeks out-of-pocket expenses involved in the purchase or sale ofCash Market Products, the Trading Participant must not cover that charge by an increase orreduction in the price of the Cash Market Products.Maximum penalty: $100,000Copyright Australian Securities and Investments Commission. Reproduced with permission.