Regular meeting of the Director’s Council of MSE was held and discussed the report of “Erdenest” Broker and Dealer Company. The company trading right is temporarily suspended until it meets with the requirements and criteria set by the Monitoring Division of MSE. If it fails to meet the requirement and fix its faulty actions, the company trading seat will be cancelled permanently.
The company committed illegal action of using its client’s capital without any authorization. Therefore, CEO of MSE made resolution to cancel the trading right of CEO J.Erdenebileg of “Erdenest” Co., Ltd.
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