Key Documents
The Government has released for public consultation exposure draft regulations to support Chi-X’s application to become a member of the Securities Exchanges Guarantee Corporation (SEGC); subject to approval by the SEGC.
The regulations aim to provide clarity to investors regarding when claims for loses in relation to Chi-X can be made on the National Guarantee Fund, the compensation fund administered by the SEGC, at such time Chi-X becomes a member. The regulations do not change the current operation of the NGF.
Submissions are sought on the exposure draft regulations and explanatory materials by 28 February 2019.