Add Merril Lynch to the list of Western banks which will not be applying to become market makers at the Shanghai Gold Exchange. (Applications and selections underway at present)
"Appendix 3. Letter of Assurance Shanghai Gold Exchange/Shanghai Gold Exchange International,
We declare that we have no record of material violation of laws and regulations in the most recent three years and that we have received no administrative or criminal penalties for any violation or misconduct. If this declaration is false, we will bear the resulting consequences, including but not limited to revocation of our market making status. Company name (common seal): Date: "
