Singapore legislation

Section 62

of Futures Trading Act

Section 62

False reports to Authority or Futures Exchange

Amended by9/95

Any person who, with intent to deceive, makes or furnishes, or knowingly and wilfully authorises or permits the making or furnishing of, any false or misleading statement or report to the Authority, a Futures Exchange, a clearing house or any officers thereof relating to —

(a)

trading in futures contracts;

(b)

foreign exchange trading;

(c)

leveraged foreign exchange trading;

(d)

any matter or thing required by the Authority for the proper administration of this Act; or

(e)

the enforcement of the business rules of a Futures Exchange or a clearing house,shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $20,000 or to imprisonment for a term not exceeding 2 years or to both.

Section 62 — Futures Trading Act | laws.sg