(1) the applicant does not provide information relating to the application as SGX-ST requires;

(1A) any information or document that is furnished by the applicant to SGX-ST is false or misleading;

(2) execution against the applicant in respect of a judgment debt has been returned unsatisfied in whole or in part;

(3) the applicant has entered into an arrangement with his or her creditors that is still in operation, whether in or out of Singapore;

(4) SGX-ST is not satisfied with the financial standing of the applicant;

(5) the applicant breaches any provision involving fraud or dishonesty, whether in or out of Singapore;

(6) the applicant has been convicted of an offence under the Securities and Futures Act;

(7) the applicant is the subject of an investigation involving an allegation of fraud or dishonesty, whether in or out of Singapore;

(8) SGX-ST is not satisfied that he or she is a fit and proper person;

(9) SGX-ST has reason to believe that the applicant may not perform the functions efficiently, honestly and fairly;

(10) SGX-ST has reason to believe that the applicant may not act in the best interests of the Trading Member or the Trading Member's customers; or

(11) in SGX-ST's opinion, it would be contrary to the interests of the public to register the applicant as a Trading Representative.