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MAE-4.6.20

A licensed exchange or licensed market operator must restrict or suspend activities of market maker or cancel its registration where the market maker;

(a) Is found involved in activities that are not commensurate with the responsibilities assigned to the market maker or are detrimental to the interest of markets and investors;
(b) Fails to perform its duties in accordance with the applicable rules and regulations of the licensed exchange or licensed market operator; and
(c) Fails to comply with any of the eligibility criteria and/or the conditions set out at the time of registration;
Added: January 2019