58. General prohibition

(1) A person shall not —
(a) make an Offer of Securities to the Public in or from the Abu Dhabi Global Market; or
(b) have Securities admitted to trading on a Recognised Investment Exchange;
except as provided by or under these Regulations.
(2) Without limiting the generality of its powers, the Regulator may, by written notice —
(a) exclude the application of any requirements; or
(b) deem any investment which is not a Security to be a Security for the purposes of these Regulations and the Rules made under these Regulations;
subject to such terms and conditions as it may consider appropriate.