REC 3.4.5 Suspected Market Abuse
(1) A Recognised Member must notify the DFSA immediately if it:
(a) receives an order from a
Client, or arranges or executes a transaction with or for a Client; and
(b) has reasonable grounds to suspect that the order or transaction may constitute
(2) The notification under (1) must specify:
(a) sufficient details of the order or transaction; and
(b) the reasons for the
Recognised Member suspecting that the order or transaction may constitute Market Abuse.
Recognised Member must not inform the Client, or any other Person involved in the order or transaction, of a notification under this Rule.
Derived from DFSA RM191/2016 (Made 7th December 2016). [VER11/02-17]