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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2024 - onwards
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137Q. Price stabilising rules

(1) The FCA may make rules ("price stabilising rules") as to -

(a) the circumstances and manner in which,

(b) the conditions subject to which, and

(c) the time when or the period during which,

action may be taken for the purpose of stabilising the price of investments of specified kinds.

(2) Price stabilising rules -

(a) are to be made so as to apply only to authorised persons;

(aa) must not apply to transactions, orders, behaviour, actions or omissions to which the market abuse regulation applies;

(b) may make different provision in relation to different kinds of investment.

(3) The FCA may make rules which, for the purposes of the relevant exemption provisions, treat a person who acts or engages in conduct in conformity with specified provisions as acting, or engaging in that conduct, in conformity with the relevant provisions of Article 5 (exemption for buy-back programmes and stabilisation) of the market abuse regulation.

(3A) "Specified provisions" means such provisions-

Comparing proposed amendment...