128 Suspension of investigations
128 Suspension of investigations

(1)     If the [FCA] considers it desirable or expedient because of the exercise or possible exercise of a [relevant power], it may direct a recognised investment exchange[, recognised clearing house or recognised CSD]—

(a)     to terminate, suspend or limit the scope of any inquiry which the exchange[, clearing house or central securities depository] is conducting under its rules; or

(b)     not to conduct an inquiry which the exchange[, clearing house or central securities depository] proposes to conduct under its rules.

(2)     A direction under this section—

(a)     must be given to the exchange[, clearing house or central securities depository] concerned by notice in writing; and

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