Over 9.7 million worshipers throng Prophet's Mosque during first 10 days of Ramadan    Haramain Railway operates over 3,400 trips with 1.6 million seats during Ramadan    US thanks Saudi Arabia for hosting decisive Jeddah talks with Ukraine    TGA: Minimum fine of SR5,000 for firms failing to deliver postal shipments    Argentinian court begins trial of seven healthcare professionals over Maradona's death    Man lives for 100 days with titanium heart in successful new trial    US Education Department plans to cut half its workforce    EU strikes back against US steel and aluminum tariffs with retaliatory package    Indian Americans worried over US ties under Trump, survey reveals    Saudi and Turkish defense ministers discuss military cooperation in Jeddah    Saudi, US defense ministers discuss over phone efforts to strengthen security cooperation    Al Hilal crushes Pakhtakor to storm into AFC Champions League quarter-finals    Mahrez magic sends Al Ahli into AFC Champions League quarter-finals    Al Taawoun edges Tractor in penalty thriller to reach AFC Champions League Two semi-finals    Hosting US-Ukraine talks reflects Saudi Arabia's balanced relations, Cabinet affirms    Al-Jadaan and his US counterpart discuss ways to enhance financial and economic cooperation    Saudi Aramco CEO calls for a new global energy model at CERAWeek 2025    Singer Wheesung who wooed Korea with his ballads, found dead at 43    Prince Frederik of Luxembourg dies from rare disease    Real-life shipwreck story wins major book award    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



The Capital Market Law Prohibits Violating Acts in the Stock Exchange, Refers Violators to Bureau of Investigation and Public Prosecution
Published in Saudi Press Agency on 29 - 12 - 2015

The Capital Market Authority (CMA) confirms its commitment to ensure fairness in securities transactions and limit cases of fraud, deceit, cheating, or manipulation that market participants might face which could negatively affect their transactions and the market's reputation as well.
As part of its efforts to increase the market's efficiency and protect investors, CMA works towards stopping violating acts and charges violators with penalties as stated in the Capital Market Law. The Market Conduct Regulations, issued by the Board of the CMA, has mentioned the violating and manipulative acts and its practices in the Saudi capital market. The regulation has also specified the concepts of disclosure and insider trading and the Authorized Persons' conduct.
Article (2) of the (The Market Conduct Regulations) prohibits any person to engage in or participate in any manipulative or deceptive acts or practices in connection with an order or transaction in a security, if the person knows or has reasonable grounds to know the nature of the act or practice. It also is prohibited for any person to, directly or indirectly, enter an order or execute a trade in a security for the purpose of creating a false or misleading impression of trading activity or interest in the purchase or sale of the security; or an artificial bid price, ask price or trade price for the security or any related security.
--More
11:52 LOCAL TIME 08:52 GMT
تغريد


Clic here to read the story from its source.