Saudi Portfolio Securities delicensed by CMA

14/07/2020 Argaam

The Capital Market Authority’s (CMA) Board of Commissioners issued its resolution to cancel the license granted to Saudi Portfolio Securities Company to conduct arranging and advising activities.

 

According to a bourse statement, this was due to not fulfilling fit and proper requirements to carry out securities business.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.