CmaBylaw
Executive Bylaws
3-4-3 Of Module Seven: Clients’ Funds and Clients’ Assets
Section: Chapter Three: Client’s Funds
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Sunday, 05 February 2017
A Licensed Person shall not transfer Clients’ funds to an insolvent after the incidence of a Secondary Default Event only under the Client’s order to settle a commitment for the Client towards another insolvent person, these funds should return to the Client immediately or transfer to another person based on the Clients instruction.
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