Versions

 

12.17.1

Past version: Effective up to 30 Jun 2016

A Trading Member must require a Director, Officer, Dealer and employee to obtain the prior written approval of a senior management staff independent of sales or dealing of a Trading Member, or a senior management staff of a related corporation of that Trading Member charged with the approval function, for each trade in his or her personal account or an account over which he or she has control or influence (other than a customer's Discretionary Account).

Refer to Practice Note 12.17.1.

Amended on 3 April 20083 April 2008.