Regulatory Alerts2024-11-14
Regulatory Bylaw No. 26: Trading of Securities in the Iraq Securities Market
The Iraq Securities Commission issued Regulatory Bylaw No. 26 to establish comprehensive operational rules for trading securities in the Iraq Securities Market. The regulation mandates strict licensing, record-keeping, and conflict-of-interest protocols for brokers and their representatives while defining the legal framework for trade execution, settlement, and investor protection. It further outlines market mechanisms such as trading hours, price limits, currency denomination, and disciplinary measures for non-compliance or system errors.
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