The Board of Directors shall have the following functions and competences: Managing and developing the Stock Exchange, including inter alia: Taking the necessary procedures to follow up on the implementation of the provisions of the Law as well as the regulations, instructions and decisions issued thereby. Monitoring Stock Exchange operations
Upon the Boards approval, the Board of Directors shall appoint a full-time Chief Executive Officer to manage the Stock Exchange, by virtue of a time bound contract that contains his / her salary, benefits and other financial privileges . The Board of Directors may terminate the services of the Chief
The Chief Executive Officer shall be chosen from among qualified experts in the financial and economic fields, and shall meet the following conditions: To have the Jordanian nationality. To have full legal capacity. To have an experience of not less than fifteen years in the financial and economic fields. To
The Chief Executive Officer shall be in charge of all administrative, financial and technical matters of the Stock Exchange, he / she shall be responsible to the Board of Directors thereof as well as for the following: Following up on the implementation of the provisions of the Law as well
The Chief Executive Officer as well as any other Stock Exchange staff member must inform the Commission, in writing, of those securities owned by him / her or that he / she has at his / her disposal upon filling his / her position and as soon as any change
It shall be prohibited for the Chief Executive Officer and any other staff member of the Stock Exchange to do the following: Make use of any information they had access to, due to the nature of their work at the Stock Exchange, for direct or indirect, financial or moral profit
A member must abide by the provisions of the Law, and the regulations, instructions and decisions issued by virtue thereof, in particular a member must abide by the following: Maintaining those records and documents stipulated for in the applicable legislations, including those records and documents related to dealings executed by
The member shall set out in writing internal work procedures designed to control all operations that go through it. Such procedures must be compatible with applicable legislations and shall ensure the following: Persons associated with the member act in accordance with the powers entrusted to each of them. Operations executed
The member must supply the Stock Exchange with all information, documentation and reports as requested by it, within the timelines and in the manner determined in this By-laws and in the Stock Exchange's request. The Stock Exchange shall verify the validity of information submitted to it by the member in