12. The objects of the Council shall be-
(a) the creation and maintenance of a market in which securities can be issued and traded in an orderly and fair manner; |
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(b) the protection of the financial interest of investors; |
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(c) the operation of a Compensation Fund to protect investors from financial loss arising from the failure of a licensed stock broker or licensed stock dealer to meet his contractual obligations; and |
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(d) the regulation of the securities market and to ensure that professional standards are maintained in such market. |
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