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Title: The Capital Markets Authority Announces Filing a Report with the Prosecutor General Regarding the Occurrence of a Crime
Date Publish
18 July 2024
The Capital Markets Authority announces filing a report with the Prosecutor General on 17/07/2024 regarding the occurrence of the crime stipulated under Item No. (2) of Article (63) and penalized by Item No. (1) of Article No. (126) of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities. The defendant, through his account on the social media platform “X” (formerly Twitter), analyzed the shares of (a listed Company on Boursa Kuwait Securities Exchange) which is considered practicing the activity of an Investment Advisor without obtaining the necessary license from the CMA.
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