CmaBylaw
Executive Bylaws
8-3 Of Module Eight: Conduct of Business
Section: Chapter Eight: Investment Research
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Sunday, 12 February 2017
In circumstances through which a Licensed Person produces or disseminates investment research for marketing purposes, investment research must include the following: 1. Clearly identify the fact that investment research was prepared for marketing purposes. 2. A clear statement that such investment research did not consider the necessary conditions in order to ensure the Licensed Person’s independence, and that there is no obligation to comply with the restrictions imposed under Article (8-1).
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