In accordance with the article No.: 6.1.3 of “Law on the Legal Status of FRC”, the articles No.:10.1.5, 14.1.1 of “Law of license for business entities”, clause No.:30.1.1, 63.1.5 of “Securities Law of Mongolia”, article No.:11.3.1 of “Ordinance on regulation of licensing and permits in the securities market”, which approved by resolution No.:506 of Financial Regulatory Commission of 2013, and Resolution No.:353, 354 of Financial Regulatory Commission, dated on 8 October 2014, brokerage licenses of “Grandlain”LLC and “Tuushin Invest”LLC had been revoked on MSE.

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BROKERAGE LICENSES OF “GRANDLAIN”LLC and “TUUSHIN INVEST”LLC HAD BEEN REVOKED

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