1. Introductory Text

2. PART 1 CITATION, INTERPRETATION AND APPLICATION

   1. 1. Citation and commencement

   2. 2. Interpretation

   3. 3. Application of Regulations

3. PART 2 PRODUCTION OF INVESTMENT RECOMMENDATIONS

   1. 4. Disclosure of identity of producers

   2. 5. Fair presentation

   3. 6. Disclosure of interests etc

   4. 7. Non-written investment recommendations

4. PART 3 DISSEMINATION OF INVESTMENT RECOMMENDATIONS PRODUCED BY THIRD PARTIES

   1. 8. Disclosure of identity of persons disseminating investment recommendations

   2. 9. Dissemination of altered investment recommendations

   3. 10. Dissemination of summaries of investment recommendations

   4. 11. News reporting on investment recommendations

5. PART 4 TERRITORIAL SCOPE AND ACTIONS FOR DAMAGES

   1. 12. Territorial scope

   2. 13. Actions for damages

6. Signature

7. Explanatory Note