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The functions of the Commission are-

(a) to advise the Minister on all matters relating to the securities industry; [As amended by Securities Industry (Amendment) Act, 2000 (Act 590), sch. to s.13].

(b) to maintain surveillance over activities in securities to ensure orderly, fair and equitable dealings in securities;

(c) to register, license, authorise or regulate, in accordance with this Law or any regulations made under it, stock exchanges, investment advisers, unit trust schemes, mutual funds, securities dealers, and their agents and to control and supervise their activities with a view to maintaining proper standards or conduct and acceptable practices in the securities business;

(d) to formulate principles for the guidance of the industry;

(e) to monitor the solvency of licence holders and take measures to protect the interest of customers where the solvency of any such licence holder is in doubt;

(f) to protect the integrity of the securities market against any abuses arising from the practice of insider trading;

(g) to adopt measures to minimize and supervise any conflict of interest that may arise for dealers;

(h) to review, approve and regulate takeovers, mergers, acquisitions and all forms of business combinations in accordance with any law or code of practice requiring it to do so;

(i) to create the necessary atmosphere for the orderly growth and development of the capital market;

(j) to perform the functions referred to in section 279 of the Companies Code 1963;[As amended by Securities Industry (Amendment) Act, 2000 (Act 590), sch. to s.13].

(k) examine and approve invitations to the public;[As amended by Securities Industry (Amendment) Act, 2000 (Act 590), sch. to s.13].

(l) to undertake such other activities as are necessary or expedient for giving full effect to the provisions of this Law; and

(n) to perform other functions specified under this Law.