Model bye laws compliance obliges exchanges to amend bylaws and report implementation to regulator, enhancing investor protection. Model Bye laws require stock exchanges to amend any inconsistent bye laws and immediately implement relevant rules and regulations. Exchanges must notify member brokers and clearing members, publish the provisions for investor access, and report implementation status in the monthly development report. Upon completion, exchanges must submit a declaration confirming adoption or incorporation of the Model Bye laws. The circular invokes statutory powers to protect investor interests and to regulate and develop the securities market.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Model bye laws compliance obliges exchanges to amend bylaws and report implementation to regulator, enhancing investor protection.
Model Bye laws require stock exchanges to amend any inconsistent bye laws and immediately implement relevant rules and regulations. Exchanges must notify member brokers and clearing members, publish the provisions for investor access, and report implementation status in the monthly development report. Upon completion, exchanges must submit a declaration confirming adoption or incorporation of the Model Bye laws. The circular invokes statutory powers to protect investor interests and to regulate and develop the securities market.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
