FMIA Article 38

Requires participants admitted to a trading venue in Switzerland to keep a record of the orders and transactions that they carry out.

Rule Overview

Jurisdiction: Switzerland

Regulator: FINMA

Topic: Recordkeeping

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The records must include all details that are required for FINMA to oversee and supervise their activity.

A violation of the recordkeeping obligations can lead to a fine that is capped at CHF 500,000. (FMIA Article 150)

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