Singapore legislation
Clause 21
Clause 21
Amendment of section 39
Section 39 of the principal Act is amendment —
(a)
by deleting the words “futures contract account” in the first and second lines of subsection (1) and substituting the words “futures trading account or leveraged foreign exchange trading account”;
(b)
by deleting the words “or guiding the client’s futures trading” in the third and fourth lines of subsection (3) and substituting the words “or foreign exchange trading account or guiding the client’s futures trading account or foreign exchange trading”; and
(c)
by inserting, immediately after the words “futures contract” at the end of subsection (4), the words “or a transaction in foreign exchange trading or leveraged foreign exchange trading”.