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The Recommendations cover six key areas, consistent with the IOSCO Objectives and Principles for Securities Regulation and relevant supporting IOSCO standards, recommendations, and good practices:
- Conflicts of interest arising from vertical integration of activities and functions,
- Market manipulation, insider trading and fraud,
- Custody and client asset protection,
- Cross-border risks and regulatory cooperation,
- Operational and technological risk, and
- Retail distribution.