Securities and Commodities Authority

Year 2000Regulated by Government

Since its inception, the Securities and Commodities Authority has been keen on putting the objectives stated in the Federal Law No. (4) of 2000 into effect by sparing no effort to strengthen the legislative structure through issuing such regulations and instructions that ensure the development of the organizational and supervisory framework of the list joint-stock companies and other companies operating in the securities field. Besides, the Authority has introduced some controls and criteria that would contribute positively to enhancing the investors' trust in the Authority.

Disclose broker
Danger Unauthorized
Disclosure summary
  • Disclosure matching Website matching
  • Disclosure time 2022-10-28
  • Reason for punishment (https://www.gifxprime.com/), has not obtained a license to practice any activities subject to the supervision of SCA
Disclosure details

Warnings Website:(https://www.gifxprime.com/)

The Authority (SCA) informs the investors that the company announced through the website: (https://www.gifxprime.com/), has not obtained a license to practice any activities subject to the supervision of SCA Therefore, the SCA warns investors against dealing with the mentioned company in any activity subject to the regulation and supervision of the SCA.
Annex
More regulatory disclosure

Danger

2023-01-10

Sanction

2024-02-23

Danger

2021-02-22

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