WHY ALTX WAS CLOSED: Capital Markets Authority (CMA) boss, Keith Kalyegira speaks out
Capital Markets Authority (CMA) Chief Executive Officer, Keith Kalyegira believes ALTX was given an opportunity to make good of the issues raised and the action taken by the regulator was necessary to protect investors and keep market confidence
ALTX released a
statement implying that CMA is not following the law and they said they are
going to court. What is your view on their claims that your actions are outside
the law?
Well they said many things in their statement but on the
particular aspect of not following the law. You see we can choose to take the
route of criminal convictions or go down the civil route and we chose to g
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