“Securities” recover 4.1 million dirhams for investors through friendly settlements

The Securities and Commodities Authority, through friendly settlements, was able to recover amounts of up to 4.1 million dirhams for the benefit of investors, during the year 2024, as a result of unremitting efforts to make friendly settlements, and to benefit from the service of submitting complaints and requests for financial market transactions through the authority’s website.

The CEO of the Authority, Walid Saeed Al -Awadi, said, “The authority’s success in recovering these large sums confirms its firm commitment to protecting investors and enhancing confidence in financial markets, by developing effective mechanisms to resolve conflict and ensuring the rights of all parties and dealers in financial markets.”

He added that the service of submitting complaints and requests for financial market transactions is one of the most important tools for achieving justice and the speed of response to the demands of investors, as the service, along with efforts through friendly settlements, is a basic pillar in the authority’s system to protect investors and enhance market stability. This achievement, according to the authority, reflects the efficiency and elasticity of the organizational framework, and its ability to respond to all challenges in the financial markets.

The authority affirmed its continued development of its services and mechanisms to ensure a safe and transparent investment environment.