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Article 9 - Additional obligations for investment firms and credit institutions

Article 9
Additional obligations for investment firms and credit institutions

In addition to the obligations laid down in Articles 7 and 8, whenever the relevant person is an investment firm, a credit institution or a natural person working for such persons under a contract of employment or otherwise, and disseminates recommendations produced by a third party, Member States shall require that:

((a))

the name of the competent authority of the investment firm or credit institution is clearly and prominently indicated

((b))

if the producer of the recommendation has not already disseminated it through a distribution channel, the requirements laid down in Article 6 on producers are met by the disseminator

((c))

if the investment firm or credit institution has substantially altered the recommendation, the requirements laid down in Articles 2 to 6 on producers are met

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