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4.39.11

Trade Restrictions for Trading Member Undertaking Corporate Finance

(a) A Trading Member undertaking corporate finance activities must maintain a restricted list of securities on which its corporate finance department is working.
(b) A security must be moved onto the restricted list no later than the date the deal is mandated.
(c) If circulated, the restricted list may be circulated to only the following persons:
(i) corporate finance staff and the person to whom the head of corporate finance reports; and
(ii) Trading Representatives who are authorised to deal for the Trading Member's accounts and the head to whom these Trading Representatives report.
(d) Staff who are privy to the restricted list must not deal in securities listed therein, or in any derivative of such securities, either for the Trading Member's account, their own accounts or accounts over which they have control and influence.

Added on 3 June 20193 June 2019.