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Investment Restrictions

X X   X X   Extracts   X X   X X

Full Text of the Document

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.... shall not use the portfolio of its clients for investment in derivatives, unless express consent has been obtained from its clients. (3) The FME shall not enter into any transaction for purchase or sale of any security which is periodically or ultimately settled otherwise than by actual delivery or transfer of security except the transactions in derivatives. (4) A FME shall, ordinarily purc....

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