The crime set forth in Article (122) of the Law shall not be committed in the following cases: 1. If the transaction is conducted pursuant to a court judgment, the Authority’s regulations, or rules developed by the Exchange and approved by the Authority for certain transactions. 2. Sell or purchase the listed Security amongst the accounts of various public institutions and authorities. 3. If the Market Maker conducts such transactions in accordance with rules governing its activity in the cases set out in paragraph (1) and paragraph (6) of Article (3-3) of this Module. 4. If the transaction is conducted through selling and purchasing for the interest of the same Person, with the purpose of financing the purchase of Financial Derivatives of a listed Security or refinancing the same to keep them. 5. Sell or purchase the listed Security amongst the direct and indirect accounts of the Person through the Investment Portfolios managed for the interest of such Person or amongst the accounts of such portfolios if such portfolios or one of them are managed by the managing company, and such Person does not interfere in the management of such portfolios, and the transaction conditions, in terms of volume, price, time, and lack of repetition demonstrate lack of prior arrangement amongst the persons who have conducted such transaction and that it is a mere coincidence. 6. Sell or purchase a listed Security amongst accounts of one of the companies’ managing the Investment Portfolios dedicated for Clients and managed by such Clients and the transaction conditions, in terms of volume, price, time, and lack of repetition demonstrate lack of prior arrangement to create false and misleading attitude in regards with trading of such security, provided that such transaction shall be conducted between two different Clients. 7. Enter an order or a set of orders to purchase a listed Security at levels of prices higher than the prevailing price at that time, in the case that the purpose of such orders is actual trading. 8. Enter an order or a set of orders to sell a listed Security at levels of prices higher than the prevailing price at that time, in the case that the purpose of such orders is actual trading. 9. Transactions are conducted to sell and purchase a listed Security within convergent times without an intention to affect the volume of trading or the price of such security.