Cancellation of Authorization to Tarteeb Company for Securities Business

Tarteeb Company for Securities Business had requested CMA to cancel the authorisation which was issued by CMA Board of Commissioners under Resolution no. (4-41-2008) on 01/01/1430H corresponding to 29th December, 2008 to conduct securities business of Arranging and Advising.

Based on the Capital Market Law issued by Royal Decree no. (M/30) on 2/6/1424H, and the Authorised Persons Regulations issued by CMA Board of Commissioners via its Resolution No. 1-83-2005 on 21/5/1426H corresponding to 28th June 2005, the CMA Board of Commissioners issued today Sunday 28/03/1431H corresponding to 14th March, 2010 the approval for cancellation of the authorization for Tarteeb Company for Securities Business based on its request.