CmaBylaw
Executive Bylaws
13-11 Of Module Eleven: Dealing in Securities
Section: Chapter Thirteen: Preferred Shares Regulations
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Tuesday, 14 February 2017
Regardless of appointing an Investment Advisor or not, an Issuer remains the main entity responsible for complying with the regulatory conditions applicable for the issue of Preferred Shares. Such liability shall not be transferred to the Investment Advisor even if it is appointed in accordance with the Authority’s instructions.
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