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Contents

Part IV · Trade In Unlisted Securities

122. Rules to be made by the Commission or the market operator

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

The Commission may make rules or require the market operator to make rules subject to the approval of the

Commission -

(a)

to determine the type of unlisted securities that can be traded on a platform;

(b)

to determine the type of issuers who can report trades to a platform;

(c)

to determine the type of investors that may trade on the platform;

(d)

to determine the type of trading members that may trade on the platform;

(e)

for the admission of trading members on the platform;

(f)

to determine the level of disclosures required to be made by the platform; and

(g)

to determine the standard of business conduct in the sale or purchase of unlisted securities.

Part V

Market Misconduct

Part VI

Finance

Part VII

General