Disclosure details -

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

GULF TRADER

Disclosure summary

Disclosure matching Website matching
Disclosure time 2021-01-24
Reason for punishment The SCA notes that the company "Gulf Trader", and the websites linked to it, (www.gulftrader.ae) and (www.gulftrader.com) does not have any license from The SCA.

Disclosure details

Warnings The website (www.gulftrader.ae) and (www.gulftrader.com)

The SCA notes that the company "Gulf Trader", and the websites linked to it, (www.gulftrader.ae) and (www.gulftrader.com) does not have any license from The SCA. Therefore, the SCA warns investors from engaging in any business activity with the aforementioned company subject to the organization and supervision of the SCA without obtaining the necessary regulatory approvals.

Annex

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Warning

2024-10-24

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