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<p>The Alternative Investments Market (AIM) is owned and operated by the London Stock
Exchange. Although under the EU Markets in Financial Instruments Directive AIM is
not classified as a Regulated Market, this does not mean that it is not subject to
any regulation. Indeed, under the Financial Services & Markets Act 2000, AIM falls
within the definition of a Prescribed Market and is therefore subject to the requirements
of the rigorous UK domestic market abuse regime. Furthermore, as a UK Recognised Investment
Exchange, the London Stock Exchange is subject to the Recognition Requirements Regulations,
which includes rules governing how AIM is operated.</p><p> </p>
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