Sadeed Financial Advisory Services, had requested CMA to cancel the authorization which was issued by the CMA Board of Commissioners under Resolution no. 6 -13-2009 dated on 24/4/1430 H, corresponding to 20 April  2009, to conduct the securities business of Arranging and Advisingِ.

Based on the Capital Market Law issued by the Royal Decree No. (M/30) dated on 2/6/1424H, and the Authorised Persons Regulations issued by CMA Board of Commissioners via its Resolution No. 1-83-2005 dated on 21/5/1426H corresponding to 28th June 2005, the CMA Board of Commissioners issued today Sunday 15/7/1431H, corresponding to 27/6/2010 ,the approval for cancellation of the Authorization for Sadeed Financial Advisory Services based on its request.