XN000022-1973-02-01 — Page 4

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Thursday, February 1, 1973

Stock Exchanges Membership etc.

The Chairmen were asked to submit to the Commissioner before February 28

a list of members as on January 31, 1973 giving for each member:

(a) his name, and aliases, if any;

(b) the date on which he became a member of the exchange;

(c)

(a)

(e)

the name and principal address of his firm;

the address of any branch or subsidiary office through which his firm regularily deals in securities;

a list of his representatives (as defined below) as on January 31, 1973, giving for each representative:

(i) his name, and aliases, if any;

(ii) the address at which he normally carries on the business of trading in securities;

the method by which he is remunerated;

(iii)

(iv)

his length of service with the member,

(A representative means a person in the direct employment of, or

acting for, or by arrangement with a member of a stock exchange, and who

performs for that member any of the functions of a dealer in securities (other

than work ordinarily performed by an accountant, clerk or cashier) whether

his remuneration is by way of salary, wages, commission or otherwise).

The Chairmen were also requested not to allow any increase in the

number of members pending a further statement from the Council (due allowance

being made for those cases where membership is in the final stages of being

granted); and to advise the Commissioner whenever a seat changes hands.

After a friendly and constructive discussion there was mutual agreement

on all the points raised, and the Chairmen assured the Commissioner of their

continuing co-operation.

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