The Securities and Exchange Commission may revoke the licence of about 400 capital market professionals on July 31. The commission said that the operators in question include reporting accountants, solicitors and estate surveyors who fail to provide updated information about their operations. To carry out the act, the commission said it would invoke the provisions of the Investment and Securities Act of 2007, that compels all capital market professionals to update their registration with the regulator. The commission first issued the directive to operators in December 2016 and again, in February this year.

CHANNELS TV

Oil prices fell on Tuesday for a third straight day, hit by concerns that a political rift between Qatar and several Arab states would undermine an OPEC-led push to tighten the market.

Persistent gains in United States Production also dragged on benchmark crude prices.

Brent crude was trading at $49.27 per barrel earlier today, down 20 cents, from its last close.

That is down nine percent from the open of futures trading on May 25, when an OPEC-led policy to cut oil output was extended into the first quarter of 2018.

U.S. West Texas Intermediate crude had dropped 18 cents, to $47.21 per barrel. That is down about eight percent from the May 25 open.

READ ALSO: Oil Prices Fall Over Trump’s Climate Change Decision