The Capital Markets (Licensing Requirements)(General) Regulations, 2025

27. Authorised functions of stockbrokers

Edition: 2025-12-11 · In force

27. Authorised functions of stockbrokers

(1)A stockbroker shall be a company limited by shares to carry out the business of buying or selling of securities as an agent for investors in return for a commission.

(2)A stockbroker shall not trade or deal on their own account.

(3)The commissions contemplated under subregulation (1) shall be as specified in the Fifth Schedule.

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Source: Kenya Law