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Article 35 Of Chapter 3
Section: Securities Exchanges

A member of the Board of Directors of the Exchange shall at all times while remaining in his/her position be subject to the following conditions :

1 - The member shall not have been convicted of a crime of breach of honor or trust.

2 - The member shall not have been declared bankrupt under a final judgment.

3 - The member shall be of good reputation.

4 - The member shall have sufficient experience in financial, economic, and legal affairs in accordance with the rules and restrictions issued by a decision of the Authority.

 

* Article (35) is amended pursuant to Law No. 22 of 2015 Amending Some Provisions of Law No. 7 of 2010 regarding the Establishment of the Capital Markets Authority & Regulating Securities Activities.

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