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Investors should be blacklisted for violating the overdraft limit
ABU DHABI — The share brokers and bankers who met yesterday evening at the Abu Dhabi Chambers ofCommerce and Industry (ADCCI), recommended black listing of share investors who exceed their overdraft limits.
The meeting which was attended by Abu Dhabi-based share brokers was called to discuss the share bazaar collapse and to discuss preventive measures for the future.
At the conclusion of two-hour-long session, share brokers came up with nine-point recommendations which would be further discussed before they are presented to the Stocks and Commodities Authority (SCA) for enforcement.
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