ADVOKS GLOBAL · KENYA
The Capital Markets (Conduct of Business) (Market Intermediaries) Regulations
24. Churning
Edition: 2022-12-31 · In force
24. Churning
A market intermediary shall not—(a)deal or arrange a deal in the exercise of discretion for any client; or(b)advise a client to deal,if the dealing could in the circumstances be reasonably considered as too frequent or too large having regard to the trading activities, investment objectives, size and operations of such client.