The Capital Markets Board decided to initiate the necessary legal proceedings to block access to five websites in order to prevent unauthorized activities in the capital markets.
The board ruled that criminal complaints be filed against 50 individuals. It also decided to impose a two-year ban on trading on stock exchanges and other organized markets on 51 individuals and Aura Portföy Yönetimi Anonim Şirketi, Tera Yatırım Menkul Değerler AŞ, Tera Portföy Yönetimi AŞ and MAG Tarımsal Ürünler Pazarlama ve Ticaret AŞ.
SPK also ruled that license revocation penalties be imposed on 31 individuals.
Liquidation decision for Tera Yatırım
The board decided to revoke all operating permits and the authorization certificate of Tera Yatırım Menkul Değerler AŞ. The decision also ordered compensation for the company’s investors and placed the company into gradual liquidation.

Application by Piramit Menkul Kıymetler
SPK also approved a request to authorize an amendment to the articles of association that would increase the capital of Piramit Menkul Kıymetler AŞ from 300 million liras to 500 million liras.