Whole Section

  • 1. Introduction

    • 1.1

      Rule 4.15.5 provides that at least one member of senior management or delegate staff (whether of the Trading Member or the Trading Member’s related corporation or otherwise) independent of the Trading Member’s sales or dealing, must approve the opening of a customer account carried on the books of the Trading Member.

      Added on 24 March 202024 March 2020.

    • 1.2

      This Practice Note provides guidance on how a Trading Member may satisfy the above requirement.

      Added on 24 March 202024 March 2020.