Merchant bankers prohibited from lead-managing or associating with their own securities issue; compliance required. A merchant banker is prohibited from leading, managing or being associated with any activity under the Board's regulations in relation to its own ... Summary
Merchant bankers prohibited from lead-managing or associating with their own securities issue; compliance required.
A merchant banker is prohibited from leading, managing or being associated with any activity under the Board's regulations in relation to its own securities issue, creating an express compliance obligation to avoid self-dealing in issue-related functions.
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