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The Capital Markets (Collective Investments Schemes) Regulations, 2023

163. Restriction on advertising

Edition: 2023-12-15 · In force

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163. Restriction on advertising

(1)A person shall not advertise to the public or section of the public in any media to invest in a collective investment scheme unless the advertisement has been approved by the trustee in writing and notified to the Authority.
(2)For purposes of this Regulation, an advertisement includes any materials that are distributed to or designed for use in newspapers, magazines, firm brochures, fund fact sheets, fund offering documents, letters, media, websites or any other written or electronic material distributed to more than one party.
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Source: Kenya Law