Saudi CMA to refer forex marketers to public prosecution

11/09/2017 Argaam

Saudi Arabia’s Capital Market Authority (CMA) refers those involved in forex marketing to the Public Prosecution, it said in a statement on Sunday.

 

The regulator is coordinating with the Saudi Arabian Monetary Authority (SAMA), the Ministry of Commerce and Investment, and other government entities to fight this activity as it usually entails fraud.

 

The CMA has launched several initiatives to raise awareness on the risks of investing and trading in forex, it added.

 

It has also established a special unit to monitor irregular practices and conduct inspection visits to arrest violators.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.