Client Updates


A | B | C | D | E | F | G | H | J | K | L | M | N | O | P | R | S | T | V | W | Y | Z

Enter our

Follow HFN

Client Updates

Nov 09, 2017

Client Update | Update with regard to the Prohibition on Offering Securities-Trading Services ("Brokerage")

On July 6, 2017, Section 49A of the Securities Law, 5728-1968, came into force, which concerns the prohibition of offering securities trading services through a securities trading system that is not managed by a stock exchange. However, alongside the prohibition, the Chairman of the Israeli Securities Authority ("ISA") was authorized to grant a permit to apply for such an offer if he found that this does not harm the interests of the Israeli investors.

To read the full client update - click here.