Registration requirements: debt segment trading and clearing members must meet net worth, fee and conduct obligations. The amendment inserts Chapter III C to regulate registration of trading members, proprietary trading members, clearing members and self clearing members in the debt segment. Applications must be made in Form AC through the relevant debt segment or clearing corporation, which shall forward recommendations to the Board. The Board may require additional information and personal representation and will assess eligibility, disciplinary history, infrastructure and liabilities. Registrations granted in Form DC are subject to net worth and deposit requirements, fee obligations under Schedule IVB, code of conduct compliance, KYC and risk disclosure, and applicability of Chapters IV-VI mutatis mutandis.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Registration requirements: debt segment trading and clearing members must meet net worth, fee and conduct obligations.
The amendment inserts Chapter III C to regulate registration of trading members, proprietary trading members, clearing members and self clearing members in the debt segment. Applications must be made in Form AC through the relevant debt segment or clearing corporation, which shall forward recommendations to the Board. The Board may require additional information and personal representation and will assess eligibility, disciplinary history, infrastructure and liabilities. Registrations granted in Form DC are subject to net worth and deposit requirements, fee obligations under Schedule IVB, code of conduct compliance, KYC and risk disclosure, and applicability of Chapters IV-VI mutatis mutandis.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
