CMA-Investor Association integration likely to launch mutual initiatives: ElKuwaiz

24/11/2019 Argaam

 

The integration between the Capital Market Authority (CMA) and the retail investor protection association is expected to launch various initiatives, mainly to increase retail investor awareness and protect their rights, CMA Chairman Mohammed ElKuwaiz said in a statement.

 

“We are committed to supporting the retail investor protection association, to achieve its objectives as an independent civil society entity,” ElKuwaiz said.

 

Saudi Arabia’s Minister of Labor & Social Development, Ahmed Al Rajhi, has recently approved establishing an investor protection association to protect investor rights and interests, Argaam reported.

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