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CP 222 Reducing red tape: Proposed amendments to the market integrity rules

Released 21 August 2014. Comments close 2 October 2014.

This consultation paper seeks feedback from market participants and investors on proposals to repeal or refine three categories of obligations under the ½ñÈÕÈÈÃÅʼþmarket integrity rules for the ASX, Chi-X, APX, NSXA and SIM VSE markets.

This consultation paper proposes to repeal or refine market integrity rules:

  • Ÿrequiring certain market participants to notify ½ñÈÕÈÈÃÅʼþof details of their professional indemnity insurance cover (although the obligation to have cover will remain);
  • Ÿrequiring certain market participants to obtain ASIC’s consent before sharing business connections; and
  • prohibiting certain transactions during takeovers, schemes of arrangement and buy-backs.

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Last updated: 21/08/2014 12:00