Revoking the Securities Business License of Sadagah Financial Consultants

The CMA Board of Commissioners issued today Tuesday 24/12/1431H corresponding to 30/11/2010 its   resolution No.( 1-31-2010 ) to revoke the license granted to Sadagah Financial Consultants to conduct Arranging & Advising activities under resolution No. 2–185-2006 dated on 25/5/1427H corresponding 21/6/2006 due to several violations of the Capital Market Law & its implementing regulations,