Entire Section

  • COB 6.3.5 COB 6.3.5

    If an Authorised Firm acts as a manager or co-manager of an initial public offering or a secondary offering, it must take reasonable steps to ensure that:

    (a) it does not publish Investment Research relating to the Investment during a Quiet Period; and
    (b) an Investment Analyst from the Authorised Firm does not make a Public Appearance relating to that Investment during a Quiet Period.
    Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]

    • COB 6.3.5 Guidance

      The DFSA does not consider the same conflicts of interest mentioned in this section arise if an Investment Analyst prepares Investment Research solely for an Authorised Firm's own use and not for publication. For example, if the research material is prepared solely for the purposes of the Authorised Firm's proprietary trading then the use of this information would fall outside the restrictions placed on publications.

      Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]