Middle East Economic Survey

VOL. XLVII

No 31

02-August-2004

CAPITAL MARKETS

BMA Continues Towry Law Investigation

The Bahrain Monetary Agency (BMA) has said it is continuing with an investigation of Towry Law after hearing of problems emerging following the suspension of two funds, Global Diversified Trading (GDT) and Global Opportunities Trading (GOT). The funds had been marketed by Towry Law International through its global network, including Towry Law Bahrain. Earlier this year, numerous...