Saudi CMA Issues Fines and Suspends Investors for Manipulating Stock Prices

24 investors and a real estate company fined nearly $1 million for breaching Saudi capital market laws and regulations The Saudi Capital Market Authority (CMA) has announced a series of enforcement actions against individuals and entities found guilty of manipulating stock prices and violating market regulations. In total, 24 investors and one real estate company were fined in separate cases, with combined penalties amounting to nearly $1 million (SAR 3.7 million). The CMA’s decision underscores its commitment to maintaining transparency, integrity, and investor confidence within Saudi Arabia’s capital markets — key pillars in advancing the Kingdom’s goal of building a … Continue reading Saudi CMA Issues Fines and Suspends Investors for Manipulating Stock Prices