Instructions on Licensing of Activities of Financial Services Companies and Certified Financial
Professionals No. (1) for the Year 1999,
Issued by the Board of Commissioners of the Securities Commission pursuant to Articles (9), (38) and (73) of the Securities Law No. (23) for the Year 1997
Article (1)
These Instructions shall be known as the "Instructions on Licensing of Activities of Financial Services Companies and Certified Financial Professionals," and shall come into effect as of 15/2/1999.
Article (2)
The terms used
in these Instructions shall have the meanings ascribed
thereto hereunder unless otherwise indicated by context:
The Law: The Securities Law in force.
The Commission: The Jordan Securities Commission.
The Board: The Board of Commissioners of the
Securities Commission.
The Chairman: The Chairman of the Board of
Commissioners.
The Company: Any Financial Services Company
licensed in accordance with the provisions of the Law
and these Instructions.
Investment Fund: An investment tool by which an
investment manager manages the investment of others
under the supervision and monitoring of an investment
trustee.
The terms and
phrases which are not defined in these Instructions
shall have the meanings ascribed thereto in the Securities Law unless otherwise indicated by context.
