The Disciplinary Board has issued a resolution that includes financial sanctions and warning penalties against NCM Investment Company, as well as the external auditor of NCM Investment Company. These penalties were imposed due to violations of securities activities and registered persons' rules, as well as the rules pertaining to internal policies and procedures of the licensed person. These violations also encompassed the rules governing clients' funds and assets, as stated in the Executive Bylaws of Law No. 7 of 2010 and their amendments. 
The resolution specifies the sanctions imposed on NCM Investment Company, including a financial penalty of one thousand dinars for the first violation. For the third and seventh violations, a financial penalty of two thousand dinars is imposed for each violation. Additionally, a financial penalty of three thousand dinars is imposed for the fourth and fifth violations of association. For the second and sixth violations, warning penalties are imposed, with a consideration to ensure that such violations are not repeated in the future.  
The external auditor of NCM Investment Company is also subject to a warning penalty for the violation attributed to them, with emphasis on the importance of preventing the recurrence of such incidents in the future.