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Article L621-30 of the French Monetary and Financial Code

Appeals against individual decisions of the Autorité des marchés financiers, other than those relating to the persons and entities referred to in II of Article L. 621-9, including the penalties imposed on them, shall be heard by the courts. Such appeals shall not have suspensive effect unless the court decides otherwise. In this case, the court hearing the case may order a stay of execution of the contested decision if…

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