Approved by the State Property Committee of the Republic of Uzbekistan, the Center for coordination and control of functioning of the security market of June 23, 1999 No. 04/103

Rules of prevention of manipulation in the security market

I. General provisions

1.1. These rules are developed according to the laws of the Republic of Uzbekistan "About the security market", "About joint-stock companies and protection of shareholder rights" and determine procedure for the prevention and suppression of cases of manipulation in the security market.

1.2. These rules establish requirements to actions of professional participants of the security market, owners of the securities and investors performing activities in the security market.

1.3. The manipulation signs the prices in the security market following from these rules are not exhaustive and obligatory in case of determination and recognition of the manipulation fact by court.

1.4. For the purposes of these rules the following terminology is used:

members of the security market are issuers of securities, owners of securities, investors, professional participants of the security market, and also exchange according to the procedure, established by the legislation;

the professional participant of the security market (further - the Participant) the legal entity who performs professional activity in the security market;

the client of the professional participant of the security market (further the Client) - the depositor or the other person using services of the professional participant of the security market;

security transactions - purchase and sale, donation, inheritance of securities, their entering into authorized capital and other acts involving change of the owner of securities, and also pledge of securities;

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