Top Invest Removed from KASE Stock Market Membership
OREANDA-NEWS. March 01, 2010. Kazakhstan Stock Exchange (KASE) Council decided to remove Top Invest (Astana) from KASE stock market membership. This means that Top Invest is no longer the KASE member and is not entitled to trade on KASE any instruments, reported the press-centre of KASE.
This decision was made in compliance with item 37 of the KASE internal document "Regulations of Membership" as Top Invest refused the exchange membership and voluntarily returned the license for brokerage and dealer activities on the securities market with the right to keep clients accounts as a nominee holder to the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations.
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