KASE BoD Approved Additions to Regulations on Membership
OREANDA-NEWS. March 02, 2011. Kazakhstan Stock Exchange (KASE) Board of Directors by its decision has approved additions # 16 to the KASE internal document "Regulations on Membership" (the Regulations), reported the press-centre of KASE.
The additions 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 by the mentioned agency.
The additions regulate the order of payment and accordingly exemption from payment of monthly membership fees for newly admitted to trades and remove from participation in trades of KASE members.
The Regulations revised text shall be available on KASE website at http://www.kase.kz/files/normative_base/members_eng.pdf after FSA approves additions.
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