ADVOKS GLOBAL · KENYA
The Capital Markets (Commodity Markets) Regulations
53. Records of transactions on a commodity market or clearing house
Edition: 2022-12-31 · In force
53. Records of transactions on a commodity market or clearing house
(1)A commodity exchange, commodity broker and a clearing house shall keep such records as are necessary for the proper recording of each transaction on the exchange, commodity broker or clearing house.(2)The records kept under paragraph (1) shall be availed to any client of any member of such an exchange, broker or clearing house, upon production of a written confirmation of any transaction with such member, particulars of the approximate time at which the transaction took place and verification or otherwise of the matters set forth in the confirmation.(3)The Authority may, at any time, require a commodity exchange, commodity broker or a clearing house of a commodity exchange to deliver to it reports of transactions on the commodity exchange, commodity broker or clearing house of a commodity exchange.