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:
“Imperialism is capitalism at that stage of development at which the dominance of monopolies and finance capitalism is established; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun, in which the division of all territories of the globe among the biggest capitalist powers has been completed.”
—Vladimir Ilyich Lenin (18701924)
“Writing ought either to be the manufacture of stories for which there is a market demanda business as safe and commendable as making soap or breakfast foodsor it should be an art, which is always a search for something for which there is no market demand, something new and untried, where the values are intrinsic and have nothing to do with standardized values.”
—Willa Cather (18761947)
“The great problem of American life [is] the riddle of authority: the difficulty of finding a way, within a liberal and individualistic social order, of living in harmonious and consecrated submission to something larger than oneself.... A yearning for self-transcendence and submission to authority [is] as deeply rooted as the lure of individual liberation.”
—Wilfred M. McClay, educator, author. The Masterless: Self and Society in Modern America, p. 4, University of North Carolina Press (1994)