The Public Offers and Admissions to Trading Regulations 2024
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
37 Power to suspend or prohibit trading on a trading facility
(1) This regulation applies in relation to the trading of transferable securities on a trading facility. (2) If— (a) the FCA has reasonable grounds for suspecting that an applicable provision has been contravened, and (b) the securities have not yet been traded on the trading facility in question, the FCA may require the person who proposes to trade the securities to suspend taking any action to implement the proposal for a period not exceeding 10 working days. (3) If— (a) the FCA has reasonable grounds for suspecting that an applicable provision has been contravened, and (b) the securities have been traded on the trading facility in question, the FCA may require the operator of the facility to suspend trading in the securities for a period not exceeding 10 working days. (4) If the FCA finds that an applicable provision has been contravened, it may require the operator of the trading facility in question to prohibit trading in the securities on that trading facility. (5) In this regulation— “an applicable provision” means— a provision of Part 6 of FSMA 2000, a provision of these Regulations, or a provision of designated activity rules made by virtue of regulation 15; “trading facility” means a multilateral trading facility or organised trading facility, each of those expressions having the same meaning as in Part 18 of FSMA 2000 (see section 313(1) of that Act).
37 Power to suspend or prohibit trading on a trading facility
(1) This regulation applies in relation to the trading of transferable securities on a trading facility. (2) If— (a) the FCA has reasonable grounds for suspecting that an applicable provision has been contravened, and (b) the securities have not yet been traded on the trading facility in question, the FCA may require the person who proposes to trade the securities to suspend taking any action to implement the proposal for a period not exceeding 10 working days. (3) If— (a) the FCA has reasonable grounds for suspecting that an applicable provision has been contravened, and (b) the securities have been traded on the trading facility in question, the FCA may require the operator of the facility to suspend trading in the securities for a period not exceeding 10 working days. (4) If the FCA finds that an applicable provision has been contravened, it may require the operator of the trading facility in question to prohibit trading in the securities on that trading facility. (5) In this regulation— “an applicable provision” means— a provision of Part 6 of FSMA 2000, a provision of these Regulations, or a provision of designated activity rules made by virtue of regulation 15; “trading facility” means a multilateral trading facility or organised trading facility, each of those expressions having the same meaning as in Part 18 of FSMA 2000 (see section 313(1) of that Act).
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
How this law is officially changed
Solon does not know this law's official route yet. The proposal is recorded all the same, and the route appears here once its source is added.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.