The investor engaged in front-running to profit from price movements, thereby violating Article 17 of the SCA Board’s Decision No. 2 of 2001, which governs trading, clearing, settlement, ownership transfer, and securities custody.

An employee of an SCA-licensed company was found to have committed cheating while sitting for the UAE Financial Rules and Regulations Exam. This misconduct constitutes a breach of the licensing terms and conditions established by law and founded on the principles of professional competence and integrity, as stipulated in Articles 3 and 4, Chapter 6, Section 2 of the SCA Board Chairman’s Decision No. (13/Chairman) of 2021 concerning the Rulebook for Financial Activities and Status Adjustment Mechanisms.