Capital Market Authority (Saudi Arabia)
The Capital Market Authority (CMA) (Arabic: هيئة السوق المالية) is the Saudi Arabian government organization responsible for regulating the Saudi Arabian capital markets. It has financial, legal and administrative independence and reports directly to the Prime Minister. Its responsibilities include setting rules and regulations, making sure they are followed, operating a committee to settle disputes and developing the capital markets in Saudi Arabia. Its role also includes regulating the Saudi Stock Exchange (Tadawul).
Read more about Capital Market Authority (Saudi Arabia): History, Responsibilities and Functions, Capital Market Law, Implementing Regulations, General Securities Qualification CME-1
Famous quotes containing the words capital, market and/or authority:
“Had I made capital on my prettiness, I should have closed the doors of public employment to women for many a year, by the very means which now makes them weak, underpaid competitors in the great workshop of the world.”
—Jane Grey Swisshelm (1815–1884)
“Forbede us thing, and that desiren we;
Preesse on us faste, and thanne wol we flee.
With daunger oute we al oure chaffare:
Greet prees at market maketh dere ware,
And too greet chepe is holden at litel pris.”
—Geoffrey Chaucer (1340?–1400)
“Anyone who seeks for the true causes of miracles, and strives to understand natural phenomena as an intelligent being, and not to gaze at them like a fool, is set down and denounced as an impious heretic by those, whom the masses adore as the interpreters of nature and the gods. Such persons know that, with the removal of ignorance, the wonder which forms their only available means for proving and preserving their authority would vanish also.”
—Baruch (Benedict)