Whole Section

  • 2.9 De-Registration of Trading Representative

    • 2.9.1

      A Trading Representative will be deemed to be de-registered, and the Trading Member shall immediately notify SGX-ST, if the Trading Representative:

      (a) becomes of unsound mind;
      (b) is made bankrupt, whether in or out of Singapore;
      (c) is subject to a compromise or scheme of arrangement with his creditors, whether in or out of Singapore;
      (d) has execution in respect of a judgment debt returned unsatisfied in whole or in part;
      (e) is convicted of an offence involving fraud or dishonesty or is found by a court of law to have acted fraudulently or dishonestly, whether in or out of Singapore;
      (f) ceases to comply with the requirements of his Relevant Regulatory Authority for acting as a representative of his Trading Member in respect of the relevant regulated activities or is disallowed by the Relevant Regulatory Authority from so acting; or
      (g) ceases to act as a Trading Representative for the Trading Member, or gives or is given notice that he will cease to be a Trading Representative of the Trading Member (whichever is the earlier).

      Added on 3 June 20193 June 2019.

    • 2.9.2

      A Trading Representative who is deemed de-registered will have his name deleted from the Register of Trading Representatives upon the date of deemed de-registration.

      Added on 3 June 20193 June 2019.