Singapore legislation

Clause 55

of Securities Industry Bill

Clause 55

Margin requirements

For the purpose of preventing the excessive use of credit for the purchase or carrying of securities by dealers or member companies, regulations may provide for margin requirements, that is to say, for the amount of credit that may from time to time be extended and maintained on all or specified securities or transactions or class of securities and transactions and for matters connected therewith.

Clause 55 — Securities Industry Bill | laws.sg