Singapore legislation

Section 24

of Futures Trading Act

Section 24

Minimum financial requirements

Amended by9/95

Notwithstanding anything in this Part, no person shall be licensed as a futures broker or a futures trading adviser unless he meets and can continue to meet such minimum financial requirements as are prescribed by the Authority, either generally or specifically, or as are provided in such business rules of a Futures Exchange as has been approved by the Authority.

Section 24 — Futures Trading Act | laws.sg