# The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, Article 14: Dealing in investments as principal

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

(1) Buying, selling, subscribing for or underwriting securities or contractually based investments (other than investments of the kind specified by article 87, or article 89 so far as relevant to that article) as principal is a specified kind of activity.
(2) Paragraph (1) does not apply to a kind of activity to which article 25D or 25DA applies.

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Source: https://www.legislation.gov.uk/uksi/2001/544/article/14 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-order-2001/article-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.