General Asset Management Excluded from Members of KASE
OREANDA-NEWS. On February 29, 2008 by decision of Exchange council of Kazakhstan stock exchange (KASE) General Asset management JSC (Almaty) is excluded from KASE's members of "K","P", "I", and "N" categories. It means, that General Asset management JSC is no more the member of KASE and do not have right to trade on exchange with any instruments, reported the press-centre of KASE.
Above mentioned decision was made due to that by resolution of Board of Agency of Republic of Kazakhstan for regulating and supervision over financial market and organizations dated February 26, 2008 #25 General Asset management JSC was deprived with license for execution of broker and dealer activities on market of securities with right of maintenance of clients' accounts as nominal holder.
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