News Details
Suspending International Brokerage Group
Reference to the Financial Regulatory Authority Chairman decision no. (226) for the year 2018 on 20/02/2018 suspending International Brokerage Group from performing its licensed activities for thirty days or till removing the violations whichever is sooner, as per article no. (30) of the Capital Market Law no. (95) For the year 1992 and this is for not removing its attributed violations mentioned in the previously sent warnings on 15/03/2017 and 01/10/2017.
Where the company complained about the FRA’s decision mentioned above and the Grievance Committee issued its decision (in the grievance No. (05) for the year 2018) on 29/04/2018, to accept its form and repudiate its content.
Thereby This decision will be applied starting 30/04/2018 till 29/05/2018.