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Article 44 Of Chapter 3
Section: Securities Exchanges

Disaster, crises and disturbance, which may result in a serious impact in the market and in the event where several Traders give misleading intimations or indications, the Authority shall then have the widest powers to issue instructions that aim to regain equitability, transparency and efficiency of the market. The Authority may take any of the following precautions:

1 - Suspend trading at the Securities market or trading of any listed Security for a limited period.

2 - Cancel trading for a specific period or cancel transactions on certain shares.

3 - Issue resolutions to all or part of balances or reduction thereof.

4 - Amend the trading days and hours.

5 - Amend or suspend any of the Securities Exchange’s rules.

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  • CMA Law