Article 12. Employees of the Commodity Exchange Act on Commodity Exchanges

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1. Employees of a commodity exchange are individuals who are in an employment relationship with a commodity exchange and directly perform work under an employment contract in accordance with the labor legislation of the Republic of Kazakhstan. An employee of a commodity exchange is prohibited from simultaneously having an employment relationship with members of a commodity exchange, other commodity exchanges, and members of other commodity exchanges.

2. Employees of the commodity exchange are prohibited from participating in exchange transactions, as well as using commercial information in their own interests.

The Law of the Republic of Kazakhstan dated May 4, 2009 No. 155-IV.

This Law regulates public relations arising in the course of commodity exchanges and exchange trading, establishes the procedure for regulating and state control over the activities of commodity exchanges in order to ensure their open and effective functioning, protect the rights of participants in exchange trading and fair competition between them.

President

Republic of Kazakhstan

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