Rulebooks: Contents

Rulebooks
Mainboard Rules
Catalist Rules
SGX-ST Rules
CDP Clearing Rules
CDP Settlement Rules
DVP Rules [Entire Rulebook has been deleted]
CDP Depository Rules
Futures Trading Rules
Chapter 1 General Matters
Chapter 2 Access and Membership
2. Overview of Access and Membership
Chapter 3 Conduct of Members, Approved Traders and Representatives
Chapter 4 Listing and Trading of Contracts
Chapter 5 Physical Delivery
Chapter 6 Dispute Resolution and Arbitration
Chapter 7 Adverse Events, Rule Violations and Disciplinary Action
Chapter 8 Definitions and Interpretation
Chapter 9 Transitional Provisions
Regulatory Notices
Practice Notes
Schedules
SGX-DC Clearing Rules
SIAC DT Arbitration Rules
SIAC DC Arbitration Rules
Archive
Rule Amendments

  Versions
(3 versions)
 

2.13.7 Summary Powers of Suspension of Registration of Approved Traders and Registered Representatives

Notwithstanding and without prejudice to the powers of the Appeals Committee or the Disciplinary Committee, the Exchange may suspend in whole or in part the privileges of any Approved Trader or a Registered Representative for a period of up to one (1) year upon the occurrence of any of the following events:

(a) the sponsoring Member's trading privileges are suspended pursuant to Rule 2.15.2;
(b) an application by an Approved Trader or a Registered Representative for registration contains material errors or omissions or is misleading in a material respect;
(c) an Approved Trader or a Registered Representative is found guilty in a court of law of misconduct or willful neglect in a manner contrary to the Act or other relevant applicable laws and regulatory requirements relating to the regulation of markets and licenced entities;
(d) an Approved Trader or a Registered Representative is convicted of an offence involving fraud or dishonesty;
(e) an Approved Trader or a Registered Representative files a petition for bankruptcy;
(f) an Approved Trader or a Registered Representative's licence from or registration with the Relevant Regulatory Authority is suspended;
(fa) in the case of an Approved Trader or Registered Representative who is exempted from licensing or registration, the Relevant Regulatory Authority imposes conditions or restrictions on the Approved Trader or Registered Representative in respect of the relevant regulated activities;
(g) an Approved Trader or a Registered Representative fails to pay any fee, levy or charge as prescribed by the Exchange from time to time; or
(h) an Approved Trader or a Registered Representative acts in a manner which in the Exchange's opinion:
(i) impairs the goodwill or reputation of the Exchange or any Markets; or
(ii) impairs the operation of a fair, orderly and transparent market by the Exchange.

Amended on 25 August 2009, 29 November 2010 and 1 April 2014.