Paragraph 9 The Financial Markets and Insolvency Regulations 1991I1

In regulation 16 of the Financial Markets and Insolvency Regulations 1991^f1 (circumstances in which member or designated non-member dealing as principal to be treated as acting in different capacities) for paragraph (1D) substitute—

“(1D)

In paragraph (1), “rules relating to clients’ money” are rules made by the Financial Conduct Authority under sections 137A and 137B of the Financial Services and Markets Act 2000^f2.”.