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Members may not act as principals in certain circumstances.

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....rincipals in certain circumstances. 15. No member of a recognised stock exchange shall in respect of any securities enter into any contract as a principal with any person other than a member of a r....

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Full Text of the Document

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....hree days from the date of the contract: Provided further that no such written consent or authority of such person shall be necessary for closing out any outstanding contract entered into by ....

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