Singapore legislation
Clause 45
Clause 45
Information to be provided by market participants
(1)
Upon a determination by the Authority that information concerning accounts may be relevant to determine whether manipulation, corner, squeeze or other market disorders exists in any futures market, the Authority may, by notice in writing, require such information as it thinks necessary from any person, including a member of the Exchange or a clearing house or a futures broker or any customer in the futures market, and the person concerned shall provide the required information within such time as may be specified by the Authority.
(2)
If the Authority has reason to believe that any person has failed to give the information required in the notice, it may without prejudice to any other penalty that may be imposed inform the Exchange or a clearing house which shall, in that event, prohibit the execution of, or acceptance for orders of, trades on the Exchange or a clearing house and in the months or expiration dates specified in the notice unless such trades offset open contracts of that person.