Saudi labor minister approves new association for retail investors’ protection in stock market

Ahmed Al-Rajhi, Saudi Arabia’s Minister of Labor and Social Development, has approved establishing an association for retail investors’ protection in the stock market, Saudi Press Agency (SPA) reported.

The society aims to protect investors through raising their awareness on their rights and support them in related issues.

It also aims to analyze and assess investor-related regulations, submit recommendations, cooperate with the regulatory agencies on monitoring any potential or occurring suspicious practices, and report any violations against the investors.

The association will also provide legal advice and assistance to its members and individual investors.