Sunday 29 May 2011

UAE Securites and Commodities Authority roots out more vilations - The National

Stock market trading violations almost doubled in the UAE last year as the country's regulator boosted enforcement efforts.

"This is part of our efforts to build confidence among investors by enhancing transparency and fairness in our markets," the Emirates Securities and Commodities Authority (SCA) said.

The SCA uncovered 209 violations against brokerage companies through inspection visits and monitoring trading activities, up from 113 the previous year.

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