Rulebooks: Contents

Rulebooks
Mainboard Rules
Catalist Rules
SGX-ST Rules
Chapter 1 General
Chapter 2 Admission and Registration of Trading Members, Chief Executive Officers and Trading Representatives
Chapter 3 Capital and Financial Requirements
Chapter 4 Operational Requirements
Chapter 5 Trading Practices and Conduct
Chapter 6 Designated Market-Makers
Chapter 7 Listing and Quotation
Chapter 8 Trading
Chapter 9 Settlement
Chapter 10 Requirements on Specific Securities and Futures Contracts
Chapter 11 Cancellation of Contracts and Trades
Chapter 12 Supervision and Enforcement
Chapter 13 Definitions and Interpretation
Directives
Regulatory Notices
Practice Notes
Schedule A
CDP Clearing Rules
CDP Settlement Rules
DVP Rules [Entire Rulebook has been deleted]
CDP Depository Rules
Futures Trading Rules
SGX-DC Clearing Rules
SIAC DT Arbitration Rules
SIAC DC Arbitration Rules
Archive
Rule Amendments

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  • 4.39.2

    Permissible Activities

    (a) A Trading Member must inform SGX-ST at least 14 days before engaging in research or corporate finance activities.
    (b) The research department of a Trading Member may engage only in the following types of activities:
    (i) research and analysis on securities or futures contracts (including recommendations, if any); or
    (ii) such other activities as SGX-ST approves.
    (c) The corporate finance department of a Trading Member may engage only in the following types of activities:
    (i) management, underwriting and placement of initial public offering or rights issues of securities;
    (ii) advice on acquisition and disposal of securities and assets;
    (iii) advice on corporate or debt restructuring; or
    (iv) advice on take-over offers, if the Trading Member has relevant expertise and experience; or
    (v) any other activity as SGX-ST may approve.
    (d) A Trading Member and its staff undertaking research or corporate finance activities must procure and maintain any applicable licences and notify SGX-ST prior to engaging in the relevant activities, and shall maintain such licences while undertaking those activities, unless otherwise exempt from licensing.
    (e) SGX-ST may limit the scope, or direct the cessation, of the Trading Member's research or corporate finance activities if the Trading Member fails to comply with this Rule 4.39 or if, in SGX-ST's opinion, the relevant activities are detrimental to the financial integrity, reputation or interests of, or organised markets established or operated by, SGX-ST. The Trading Member may, within 14 days of being notified of SGX-ST's decision, appeal in writing to the SGX RegCo Board, whose decision will be final.
    (f) A Trading Member must supply SGX-ST with any information that SGX-ST requires regarding its research or corporate finance activities.

    Added on 3 June 2019.