CmaBylaw
Executive Bylaws
3-2 Cases of Committing the Crime Set Forth in Article (122), Paragraph (1/A) Of Module Fourteen: Market Conduct
Section: Chapter Three: Fraud and Manipulation in the Exchange
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Wednesday, 15 February 2017
The crime set forth in Article (122), paragraph (1/A) of the Law shall be committed, if a Person acts in false or misleading manner in regards with actual trading of a listed Security or of the Securities exchange through entering into a transaction in a manner which does not result in an actual change to the ownership of such Security, in the following cases: 1. Purchasing or selling a listed Security in the accounts of the same Person. 2. Purchasing or selling a listed Security amongst direct or indirect accounts of such Person through Investment Portfolios incorporated for a Licensed Person and managed by the Client or amongst accounts of such portfolios. 3. Purchasing or selling a listed Security amongst direct or indirect accounts of such Person through the Subsidiaries thereof or amongst the accounts of such subsidiaries.
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