The Capital Market Authority (CMA) has ordered Hasan Turki Al-Otaibi to pay SAR 911,106 in illicit gains, as well as a fine of SAR 160,000 for market violations.
Al-Otaibi will be banned from trading equities on Tadawul for three months, the regulator said in a statement Wednesday.
Al-Otaibi has reportedly unlawfully traded the shares of the following firms for the period between May 1, 2013 and November 10, 2013:
- National Gas & Industrialization Co.
- Saudi Research and Marketing Group
- Al Khaleej Training and Education Co.
- Saudi Arabian Cooperative Insurance Co.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}