Regulatory Alerts2014-01-01
Authority Board Resolution No. 39 of 2014
The Authority mandates all market makers and index fund investment managers to submit annual or updated email declarations of their board members, directors, shareholders, and employees, including national ID numbers and titles. These entities must obtain certified approval for designated traders by providing unique codes and brokerage details, maintain a comprehensive register tracking all trades in index securities and fund documents, and strictly avoid conflicts of interest. Additionally, they are prohibited from trading index securities while in possession of undisclosed, price-sensitive information that could impact market prices.
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