(1) The Commission may issue guidelines in respect of margin trading and financing.

(2) Subject to this section and die guidelines issued by the Commission, a person shall not engage in margin trading or financing unless that person meets die capital requirements prescribed by the exchange of which that person is a member, and complies with the prescribed rules and procedures.

(3) The Commission may prescribe, at any time additional guidelines for margin trading and financing.

(4) A person who contravenes a guideline in respect of margin trading and financing is liable to the payment of penalties prescribed in the guidelines issued by the Commission.