Singapore legislation
Clause 142
Clause 142
Acquisition and disposal of securities or futures contracts, etc.
(1)
The Authority may, where it considers it necessary for the protection of investors, require the holder of a capital markets services licence to deal in securities or trade in futures contracts, or an exempt person carrying on business in any of those activities, to disclose to the Authority, in relation to any acquisition or disposal of securities or futures contracts —
the name of the person from or through whom or on whose behalf the securities or futures contracts were acquired; or
the name of the person to or through whom or on whose behalf the securities or futures contracts were disposed of,and the nature of the instructions given to the holder or exempt person in respect of the acquisition or disposal.
(2)
The Authority may require a person who has acquired, held or disposed of securities or futures contracts to disclose to the Authority whether he acquired, held or disposed of those securities or futures contracts, as the case may be, as trustee for, or on behalf of, another person (whether or not as a nominee), and if so —
the name of that other person; and
the nature of any instructions given to the first-mentioned person in respect of the acquisition, holding or disposal.
(3)
The Authority may require a securities exchange or futures exchange to disclose to the Authority, in relation to an acquisition or disposal of securities on the securities market of that securities exchange or futures contracts on the futures market of that futures exchange, the names of the members of that securities exchange or futures exchange who acted in the acquisition or disposal.
(4)
The Authority may require a clearing house for a securities market or futures market to disclose to the Authority, in relation to any dealing in securities on that securities market or trading in futures contracts on that futures market, the names of the members of the clearing house who were concerned in any act or omission in relation to the dealing or trading.