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  • MAE-4.2 MAE-4.2 Listing of Licensed Exchanges on Securities Market

    • MAE-4.2.1

      The securities of a licensed exchange shall not be listed for quotation on a securities market that is operated by the licensed exchange or any of its related companies unless the licensed exchange and the operator of the securities market have entered into such arrangements as the CBB may require:

      (a) For dealing with possible conflicts of interest that may arise from such listing; and
      (b) For the purpose of ensuring the integrity of the trading of the securities of the licensed exchange on the securities market.

    • MAE-4.2.2

      Where the securities of a licensed exchange are listed for quotation on a securities market operated by the licensed exchange or any of its related companies, the listing rules of the securities market shall be deemed to allow the CBB to act in place of the operator of the securities market in making decisions and taking action, or to require the operator of the securities market to make decisions and to take action on behalf of the CBB on:

      (a) The admission or removal of the licensed exchange to or from the official list of the securities market; and
      (b) Granting approval for the securities of the licensed exchange to be or stopping or suspending the securities of the licensed exchange from being listed for quotation or quoted on the securities market.

    • MAE-4.2.3

      The CBB may, by notice in writing to the operator of the securities market:

      (a) Modify the listing rules of the securities market for the purpose of their application to the listing for quotation or trading of the securities of the licensed exchange; or
      (b) Waive the application of any listing rule of the securities market to the licensed exchange.