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SECC lays down new dispute regulations

SECC lays down new dispute regulations

The Securities and Exchange Commission of Cambodia (SECC) has issued new regulations and procedures for solving disputes involving parties operating in the securities sector.

A prakas signed September 12 and posted on the SECC website yesterday comprises eight chapters and 48 articles that detail the process of submitting dispute cases, the rights and obligations of the disputants and the process of resolving disputes.

The prakas applies to disputes involving securities firms, underwriters and derivatives firms such as central counterparties and brokerages, as well as public investors and other concerned parties.

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