News Details
Suspending Royal Securities Brokerage Co.
The Chairman of the Egyptian Supervisory Authority decided decision no. (947) for the year 2016 on 14/11/2016 to suspend Royal Securities Brokerage Co. from performing its’ licensed activities for 30 days or till removing violations attributed to it whichever occurs sooner as per Article no. (30) of the Capital Market Law No. (95) for the year 1992.
Given that on 26/12/2016 the Grievance Committee decided to accept the company’s petition (no. 25 for the year 2016) form and amend the suspension duration to be 7 days instead of 30 days starting Wednesday 28/12/2016 till 03/01/2016.