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

Altawoon Trading

Disclosure summary

Disclosure matching Website matching
Disclosure time 2024-03-27
Reason for punishment Practice not licensed by the SCA

Disclosure details

Warnings Altawoon Trading and its website https://www.eltaawon.com/en/trade-or-invest

The Authority (SCA) notes that the mentioned company does not have any license from the Authority to engage in any of the financial activities or services subject to the regulation and licensing of the Authority. Thus, the Authority disclaims any responsibility for any dealings with that company in this regard.

Annex

Screenshot 1

More regulatory disclosure

Danger

2022-10-06

Public Statement 18 of 2022 - B.O. TRADEFINANCIALS LTD. and DIGITALDAILYRETURN COMPANY