Capital Markets Board of Turkey

Institutional:

The Turkish Capital Markets Committee (CMB) is the regulator of the Turkish securities market. It is a government regulator authorized by the Turkish Capital Markets Act. It was formally established in 1982 to supervise the Turkish capital market as well as trading instruments and institutions.

Mission:

Innovate regulations to ensure the fairness, efficiency and transparency of Turkey's capital markets and enhance the international competitiveness of Turkey's capital markets.

Organization Goals:

1. Strengthen protection for investors

2. Draw lessons from international capital market rules and incorporate them into laws and regulations

3. Improve the efficiency of both supply and demand in the market

4. Promoting fair and open capital markets

5. Modernize the market structure

6. Strengthen capital market infrastructure

7. Improve the quality of work projects and committee staff

Leverage limits

The Turkish Capital Markets Committee CMB announced in early February 2017 that investors should have a minimum deposit of 50,000 lira, or about $13,500, in their accounts, with a 10:1 leverage limit.

Generally speaking, CMB-regulated broker profile will be found at the Currently Owned Licence(s) page on CMB website. Try to find it and check if it will match the info from the broker website.

The detailed steps are as below:

1.Open the website of CMB of Turkish Capital Market Committee: http://www.cmb.gov.tr/ 

2.Click "Institutions" at the top of the website, select "Institutions", and click "Currently Owned Licence(S)" to check the existing licensees.

3.Click "Click for listing all Licences", A list of regulated companies appears.

Please pay attention! Here, for the last column "Belge Durumu" (regulatory status), 

Google translates as --

Faaliyette: Active

Geçici İptal: Temporarily cancelled

The Turkish CMB accepts complaints and helps settle disputes between investors and financial companies.

1. In Turkey, the complaint should be registered on the CMB account:  https://www.spk.gov.tr/Sayfa/Index/4 

2. Dispute Settlement
   

Where to Apply:

The dispute about the stock market: https://www.borsaistanbul.com/urunler-ve-piyasalar/duzenlemeler/uyusmazlik  ,

The stock market dispute: https://www.tspb.org.tr/tr/tspb-musteri-uyusmazliklari-hakem-heyeti/