Muscat Securities Market (MSM) organized a training program on the “Introduction in securities and investment” in collaboration with the Institute of Securities and Investment /CISI/ FitcLearning.
The program is aimed at training the brokers and preparing them for the upcoming new securities buying and selling processes.
14 participants attended the program, working in the field of securities and intermediaries along with advisors and researchers, analysts, accountants and internal and external communication officials.
Mr. Badr bin Hamoud Al Hinai, director of operations at MSM said, that the program was aimed at the testing the participants ability to perform as the securities and Investment institutes criterion in order to help the participants grow, in the field of securities. As on the basis of article 119 (the executive regulation of the Capital Market Law) it is mandatory for brokers to take these pass theses test in order to renew their licenses.
The Director of the operations of MSM had earlier issued a circular on the mandatory controls to complete the license and rehabilitation of working in the field of securities along with a set of functions which required licenses.
It is worth mentioning that MSM took on the responsibility of providing training programs and rehabilitation institute medication tests adopted securities and investment for the purpose of providing support to applicants and increase opportunities for passing the test.