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This document outlines the proposed modification of the market rule regarding the gate closure period, recommending a change from 4 hours to 2 hours based on reviews conducted by EMC and feedback
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How to fill out notice of market rule
How to fill out Notice of market rule modification
01
Read the instructions provided on the Notice of Market Rule Modification form.
02
Identify the specific market rule that requires modification.
03
Provide a clear and concise description of the proposed modification.
04
Include the rationale for the modification and any supporting data.
05
Complete all relevant sections of the form, ensuring accuracy.
06
Review the form for completeness and correctness before submission.
07
Submit the form by the specified deadline to the appropriate regulatory authority.
Who needs Notice of market rule modification?
01
Market participants who are directly affected by the market rules.
02
Regulatory authorities responsible for overseeing market operations.
03
Organizations or entities intending to propose changes to existing market rules.
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What is Notice of market rule modification?
A Notice of market rule modification is a formal announcement that outlines proposed changes or updates to existing market rules within a specific trading or regulatory environment.
Who is required to file Notice of market rule modification?
Entities such as market participants, regulators, or organizations responsible for overseeing market operations are typically required to file a Notice of market rule modification.
How to fill out Notice of market rule modification?
To fill out a Notice of market rule modification, one must provide relevant details including the specific rule being modified, the rationale for the modification, any expected impacts, and supporting documentation or data.
What is the purpose of Notice of market rule modification?
The purpose of the Notice of market rule modification is to ensure transparency, allow for stakeholder input, and facilitate compliance with regulatory requirements related to market changes.
What information must be reported on Notice of market rule modification?
The Notice must report the specific rule changes, the reasons for modification, the timeline for implementation, the expected impacts on market participants, and any public commentary periods associated with the modifications.
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