Article 322-69 into force from to
- Version into force from to
Where the receipt of an order concerning financial securities is sent by a holder of pure registered financial securities, the issuer entity shall verify, prior to transmission of this order for execution on the market, that the conditions necessary for the said execution have in fact been fulfilled. In particular, it shall ensure the existence:
Of an adequate cash provision or, failing that, suitable coverage, for a purchase of securities;
Of an adequate provision in securities in the case of a sale, at least on the date of settlement and delivery.
Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02