The Securities Commission Warns Against Dealing With Fictitious Companies Claiming To Provide Stock Trading Services
Chairman of the Securities Commission Faisal Al-Haimas Stock Exchange Economy News – Baghdad The Securities Commission warned citizens, on Thursday, against dealing with fictitious companies that claim to provide online stock trading services.
A statement by the Authority, seen by Al-Eqtisad News, quoted its Chairman, Faisal Al-Haims, as saying, “These misleading companies that publish their advertisements on social media sites aim to exploit and deceive citizens.”
Al-Haimas called on "citizens to invest in the Iraqi Stock Exchange, where there is a safe investment environment and companies licensed by the Commission, subject to strict controls and laws set to protect investors and guarantee their rights."
He added, "The Iraq Stock Exchange includes reliable companies operating in various sectors, and provides promising investment opportunities. We invite everyone to visit the official website of the Securities Commission to verify the companies authorized to trade."
The Authority indicated that it "continues to monitor the market and take the necessary measures against illegal entities," stressing "the importance of being accurate and avoiding dealing with suspicious entities." 81 views Added 12/12/2024 https://economy-news.net/content.php?id=50806
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