Regulations And Market Practice (Kenya) Practice Questions - CISI Regulations And Market Practice (Kenya) Exam

Which source of revenue forms the primary ongoing funding mechanism for the Investor Compensation Fund (ICF) in Kenya?

A direct allocation from the National Government's annual budget A transaction levy of 0.01% charged on buy and sell transactions of listed securities Annual licensing fees paid by listed public companies Fines imposed on market manipulators and inside traders

Correct Answer:

A transaction levy of 0.01% charged on buy and sell transactions of listed securities

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