KASE Approved Amendments on Membership Fees & Exchange Dues
OREANDA-NEWS. November 03, 2010. By Kazakhstan Stock Exchange (KASE) Board of Directors decision were approved amendments # 18 (Amendments) to the KASE internal document "Regulations of Membership Fees and Exchange Dues" (Regulations), reported the press-centre of KASE.
The Amendments shall be submitted to the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (FSA) for approval and shall become effective after their approval.
The amendments exclude from the Regulations norms establishing the procedure for the "fixed" method-payment of commission fees on transactions in securities due to the low demand in the market from participants for such payment method.
After the Amendments become effective KASE members will pay commission fees on security transactions using only one payment method defined by the Regulations.
Revised Regulations shall be available on KASE website at
http://www.kase.kz/files/normative_base/tariff_eng.pdf after FSA approval.
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