Singapore legislation
Section 37D
Section 37D
Dealings by directors, officers or employees of licences
A futures broker, a futures trading adviser or a futures pool operator shall not give unsecured credit to any director, officer or employee of that futures broker, futures trading adviser or futures pool operator or to a person who, to his knowledge, is a connected person of such director, officer or employee if —
the unsecured credit is given for the purpose of enabling or assisting the person to whom the credit is given for the purpose of trading in futures contracts, foreign exchange trading or leveraged foreign exchange trading; or
the person giving the unsecured credit knows or has reason to believe that the unsecured credit will be used for the purpose of trading in futures contracts, foreign exchange trading or leveraged foreign exchange trading.