The Capital Markets (Derivatives Markets) Regulations

31. Establishment of an investor protection fund

Edition: 2025-02-14 · In force

31. Establishment of an investor protection fund

(1)A derivatives exchange shall establish an investor protection fund which—

(a)is separate from the board of a derivatives exchange;

(b)comprises of contributions by derivatives brokers and derivatives exchanges; and

(c)is intended to satisfy the claims of clients against derivatives brokers.

(2)The fund referred to subregulation (1) shall be managed by trustees appointed and holding office under a trust deed drawn by the board of a derivatives exchange.

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Source: Kenya Law