# Commission Regulation (EC) No 1287/2006 of 10 August 2006 implementing Directive 2004/39/EC of the European Parliament and of the Council as regards record-keeping obligations for investment firms, transaction reporting, market transparency, admission of financial instruments to trading, and defined terms for the purposes of that Directive (Text with EEA relevance), Article 31: (Article 22(2) of Directive 2004/39/EC)Disclosure of client limit orders

Extent: E+W+S+N.I.

An investment firm shall be considered to disclose client limit orders that are not immediately executable if it transmits the order to a regulated market or MTF that operates an order book trading system, or ensures that the order is made public and can be easily executed as soon as market conditions allow.

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Source: https://www.legislation.gov.uk/eur/2006/1287/article/31 (the official version)
Page: https://openlegislation.uk/eu-regulation-2006-1287/article-31
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.