Article 20. Restrictions in carrying out exchange activities

On introduction amendments and additions to the Law of the Republic of Uzbekistan «On exchanges and exchange activities» (LRU-375-son) · Date: 12.09.2014 · In force

The exchange is not entitled to:

directly carry out production, trade, trade and intermediary activities, as well as be the founder (shareholder) of other legal entities not related to exchange activities, except as otherwise provided by law;

use the funds of exchange members and their customers to their advantage, except as otherwise provided by law and exchange trading rules.

On the exchange are not allowed to:

circulation of commodities not included in the quotation list;

concerted actions of members of the exchange, which may entail an artificial change or fixing prices;

distribution of false and knowingly false information that may cause artificial changes in market conditions;

registration by the exchange of transactions in respect of exchange goods concluded between its members without exchange trading.

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Source of the text

National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/4582085

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Cite as: Article 20. Restrictions in carrying out exchange activities On introduction amendments and additions to the Law of the Republic of Uzbekistan «On exchanges and exchange activities» (LRU-375-son). neolex.uz/en/laws/law-2462670/20 (lex.uz/docs/4582085)