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Companies and Intellectual Property Commission Republic of South Africanism Cor 36.2 About this Forms form is prescribed by the Minister of Trade and Industry in terms of section 223 of the Companies

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What is reckless trading - ict?

Reckless trading in ICT refers to the practice of engaging in high-risk trading strategies that lack due diligence and can lead to significant losses.

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To fill out the reckless trading report, one must provide details about the trades, including the nature of the transactions, dates, involved parties, and rationale behind the trading decisions.

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The purpose of tracking reckless trading is to monitor risky trading behaviors that could pose systemic risks to the market and to ensure regulatory compliance.

What information must be reported on reckless trading - ict?

The report must include transaction details, the parties involved, the rationale for the trades, and any losses incurred as a result of the reckless trading activities.

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