Regulatory Alerts2000-04-24
General Decision No. 4 of April 24, 2000 on the Statute for Stock Exchange Intermediaries
The Financial Markets Council issued General Decision No. 4 of April 24, 2000 to mandate that natural persons working under or on behalf of stock exchange intermediaries must hold a professional card when performing specified financial activities. The decision establishes that card issuance requires passing an aptitude examination organized by the Association of Stock Exchange Intermediaries, grants automatic cards to personnel with over eight years of experience, and defines precise conditions for card withdrawal and intermediary liability. It further requires prompt registration and notification to the Financial Markets Council and the Tunis Securities Exchange for all issuances, replacements, and withdrawals.
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