AFS Approved Addition to Regulations on Membership
OREANDA-NEWS. As previously informed, by Kazakhstan Stock Exchange (KASE) Council decision of June 18, 2009 was approved addition # 11 to KASE internal document "Regulations on Membership" (Regulations), developed to ensure compliance with Rules of Trades Organizers Activities Implementation in Securities and other Financial Instruments, approved by the Board Resolution of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS) of October 29, 2008 # 170, reported the press-centre of KASE.
Mentioned amendments were approved by AFS on July 230, 2009 and were give effect from July 21, 2009.
The mentioned addition sets forth that if any exchange member trader makes an error, which entailed suspension of trades in a financial instrument, this trader can be removed from trades by the KASE Board decision.
Regulations revised text is published on KASE website at http://www.kase.kz/files/normative_base/members.pdf
Комментарии