Temporary transaction ban from CMB for 6 people

The following statements were included in the CMB bulletin:

“Due to the existence of reasonable suspicion that the act listed in Article 107/1 of the Capital Markets Law No. 6362 (CML) has been committed in the transactions carried out in the NTHOL equity market, in order to ensure the protection of the rights and benefits of investors within the framework of Article 1 of the CML No. 6362, and in order to prevent transactions aimed at creating an artificial market based on Article 128/1-(a) of the CML No. 6362; in accordance with Article 101/1 of the CML No. 6362 and Articles 5/1 and 6/1 of the Communiqué on Measures to be Applied in Insider Trading and Market Fraud Investigations No. V-101.1, it has been decided to impose a temporary transaction ban on the stock exchanges for 6 months, starting from the transactions dated September 11, 2024, on the persons whose information is included in the table.”

Source: www.dunya.com