The Insider Dealing (Recognised Stock Exchange) Order 1989
This Order declares the investment exchange known as NASDAQ to be a recognised stock exchange for the purposes of the Company Securities (Insider Dealing) Act 1985 (“the Act”). The Act provides, amongst other matters, that it shall be an offence to deal in securities on a recognised stock exchange whilst in possession of unpublished price sensitive information (as defined in section 10) in relation to those securities, or to counsel or procure such dealing.