Cancellation of Authorization to Taj Financial Consulting Company for Securities Business

 Taj Financial consulting Company for Securities Business, had requested Capital Market Authority to cancel the authorization which was issued by CMA Board of Commissioners under Resolution no. (2-60-2007) dated on 21/12/1428H, corresponding to 31st December 2007, to conduct the securities business of Arranging and Advising.

Based on the Capital Market Law issued by 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 05/09/1431H, corresponding to 15/8/2010, the approval for cancellation of the authorization for Taj Financial consulting Company based on its request.