Capital Market Law
The Saudi Capital Market Authority was established to achieve a set of objectives, of which the most important are developing an organized, fair, transparent financial market, and ensuring the protection of investors from irregular practices, which involving deceit, cheat, fraudulence, or manipulation. To achieve these objectives and others, the market system has given the Authority financial, regulatory and supervisory frameworks to facilitate the completion of the tasks entrusted to the Authority. The Capital Market Law consists of ten chapters and sixty-seven articles.
Read more about this topic: Capital Market Authority (Saudi Arabia)
Famous quotes containing the words capital, market and/or law:
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—Samuel Johnson (1709–1784)
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—Henry David Thoreau (1817–1862)
“And what other great nation has statutes and ordinances as just as this entire law that I am setting before you today? But take care and watch yourselves closely, so as neither to forget the things that your eyes have seen nor to let them slip from your mind all the days of your life; make them known to your children and your children’s children...”
—Bible: Hebrew, Deuteronomy 4:8,9.