(1) The Minister may, on the recommendation of the Commission, make regulations prescribing limits on the amount of trading which may be done, or positions which may be held, by a member of a securities exchange.
(2) Subsection (1) does not prohibit the Minister on the recommendation of the Commission from fixing different trading or position limits for different types of transactions, or from exempting specified transactions.
(3) Without limiting the general effect of subsection (1), the Minister may, on the recommendation of the Commission, make regulations to prohibit a person from—
(a) directly or indirectly entering, during a prescribed period, into transactions of a specified class in excess of the prescribed amount; or
(b) directly or indirectly holding or controlling positions of a specified class in excess of a prescribed position limit.