Did the Law consist of specific limit periods for the right to file compensations suits (An individual right) related to the violations?
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Yes, it did. Article 58 of the Capital Market Law states that “A private action claim under Articles 55, 56 and 57 of this Law shall not be heard if the complaint is filed with the Authority after the elapse of one year from the date upon which the claimant should have been aware of the facts causing him to believe he had been the victim of a violation, and in no case may such claim be heard by the Committee after five years from the occurrence of the violation subject of the claim, unless the defendant acknowledges the liability, or the plaintiff provides a justification accepted by the Committee”