PART A.1 – GENERAL REQUIREMENTS

2406. Additional conditions that apply to an introducing broker under either a Type 3 introducing broker/​carrying broker or a Type 4 introducing broker/​carrying broker arrangement 

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    1. A Dealer Member that is an introducing broker under a Type 3 introducing broker/carrying broker arrangement  or Type 4 introducing broker/carrying broker arrangement with another Dealer Member:

      1. must not enter into any Type 1 or Type 2 introducing broker/carrying broker arrangements for one or more of its remaining Dealer Member related activities business lines,
      2. may, where a business case can be made, enter into additional Type 3 introducing broker/carrying broker arrangement or Type 4 introducing broker/carrying broker arrangements for one or more of its remaining Dealer Member related activities business lines,
      3. may self-clear one or more of its remaining Dealer Member related activities business lines, and
      4. may use brokers other than its carrying broker for its principal trading, settlement, and securities custody.

    There is no history log for this rule.

    There is no history log for this rule.