Grand Investment securities returns to operate on Dec 15

Updated 12/13/2018 11:23:42 AM

ArabFinance: Financial Regulatory Authority (FRA) announced the end of its resolution of halting Grand Investment Capital's (GRCA) unit, Grand Investment securities' activity for 10 days on December 15, 2018.

FRA announced the grievance committee accepted Grand Investment Capital's complaint in form and amended FRA chief's resolution to halt Grand Investment securities' activity from 30 days to 10 days, starting December 04, 2018 until December 15, 2018.

It is worth to mention, the FRA chief decided halting Grand Investment securities' activity for 30 days due to the company did not remove some of the violations that stated in the warning letter dated March 31, 2018. 

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