38(1)Subject to this Act, the regulations and the decisions of the Commission, the Tribunal and the Executive Director, an exchange, a self-regulatory organization, a quotation and trade reporting system, a clearing agency, a trade repository or a derivatives trading facility shall regulate the operations, the standards of practice and the business conduct of its members or participants and their representatives in accordance with its by-laws and other regulatory instruments and its practices and policies.

38(2)The authority of an exchange, a self-regulatory organization, a quotation and trade reporting system, a clearing agency, a trade repository or a derivatives trading facility to regulate operations, standards of practice and business conduct under subsection (1) extends to the regulation of

38(3)The authority of an exchange, a self-regulatory organization, a quotation and trade reporting system, a clearing agency, a trade repository or a derivatives trading facility to regulate the operations, the standards of practice and the business conduct of a person under subsection (2) is limited to that person’s operations and business conduct while a member of or participant in the exchange, self-regulatory organization, quotation and trade reporting system, clearing agency, trade repository or derivatives trading facility or while a representative of a member of or participant in the exchange, self-regulatory organization, quotation and trade reporting system, clearing agency, trade repository or derivatives trading facility, as the case may be.

38(1)An exchange, a self-regulatory organization, a quotation and trade reporting system or a clearing agency shall regulate the operations, the standards of practice and the business conduct of its members or participants and their representatives in accordance with its by-laws and other regulatory instruments and its practices and policies.

38(2)The authority of an exchange or a self-regulatory organization to regulate operations, standards of practice and business conduct under subsection (1) extends to the regulation of

38(3)The authority of an exchange or a self-regulatory organization to regulate the operations, the standards of practice and the business conduct of a person under subsection (2) is limited to that person’s operations and business conduct while a member of or participant in the exchange or self-regulatory organization or while a representative of a member of or participant in the exchange or self-regulatory organization, as the case may be.

38(1)An exchange, a self-regulatory organization, a quotation and trade reporting system or a clearing agency shall regulate the operations and the standards of practice and business conduct of its members or participants and their representatives in accordance with its by-laws and other regulatory instruments and its practices and policies.

38(2)The authority of an exchange or a self-regulatory organization to regulate operations and standards of practice and business conduct under subsection (1) extends to the regulation of

38(3)The authority of an exchange or a self-regulatory organization to regulate the operations and the standards of practice and business conduct of a person under subsection (2) is limited to that person’s operations and business conduct while a member of or participant in the exchange or self-regulatory organization or while a representative of a member of or participant in the exchange or self-regulatory organization, as the case may be.

38(1)An exchange, a self-regulatory organization, a quotation and trade reporting system or a clearing agency shall regulate the operations and the standards of practice and business conduct of its members and their representatives in accordance with its by-laws and other regulatory instruments and its practices and policies.

38(2)The authority of an exchange or a self-regulatory organization to regulate the operations and the standards of practice and business conduct of its members and their representatives under subsection (1) extends to any former member, any former representative of a member and any former representative of a former member with respect to that person’s operations and business conduct while a member of the exchange or self-regulatory organization or while a representative of a member of the exchange or self-regulatory organization, as the case may be.