Arbitration facility expansion requires stock exchanges to establish investor service centres, improving local investor access to arbitration. Stock exchanges with nation-wide terminals must establish investor service centres providing an arbitration facility (including appellate arbitration) at designated locations, with specified deadlines for initial and subsequent centres. Exchanges must amend bye-laws, notify members, publish the provisions on their websites, and report implementation in monthly development reports; regulatory inspections will verify compliance. The directive is effective immediately under the regulator's statutory powers to protect investors and regulate the securities market.
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Provisions expressly mentioned in the judgment/order text.
Arbitration facility expansion requires stock exchanges to establish investor service centres, improving local investor access to arbitration.
Stock exchanges with nation-wide terminals must establish investor service centres providing an arbitration facility (including appellate arbitration) at designated locations, with specified deadlines for initial and subsequent centres. Exchanges must amend bye-laws, notify members, publish the provisions on their websites, and report implementation in monthly development reports; regulatory inspections will verify compliance. The directive is effective immediately under the regulator's statutory powers to protect investors and regulate the securities market.
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