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UAE bans insider trading in capital markets from today

Abu Dhabi Securities Exchange, DFM called on listed shareholding companies and brokerage firms to implement the ban.

The insider trading at public shareholding companies listed in the UAE capital markets takes effect on June 16 (Tuesday), in compliance with the applicable regulations and rules issued by the Securities and Commodities Authority.

The Abu Dhabi Securities Exchange and Dubai Financial Market have called on listed shareholding companies and brokerage companies to implement the ban until the announcement of the financial statements for the second quarter of 2020.

Source : Khaleejtimes.com

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