Logo ofCapital Market Authority’s (CMA)
The Capital Market Authority’s (CMA) board issued a decision to refer suspected violation of Article 49 of the Capital Market Law to the Public Prosecution, for participation in executing a series of actions and transactions that led to creating a false and misleading impression regarding the share price of Future Care Trading Co., during the period from August 4, 2022, to June 11, 2023. 
This action comes as part of the authority’s responsibilities to protect citizens and investors from unfair or improper practices, and to work toward achieving fairness, efficiency, and transparency in securities transactions, the regulator said in a statement.
The General Secretariat of Committees for Resolution of Securities Disputes will announce to the public the identities of convicted violators on its website upon the issuance of final decisions by the committee, CMA added. The market regulator also noted that any person affected by these violations will be entitled to file a compensation claim, after conviction, against the violators before to the Committee for the Resolution of Securities Disputes, provided that such claim is preceded by a complaint filed to the CMA in this regard.
Logo ofCapital Market Authority’s (CMA)
The Capital Market Authority’s (CMA) board issued a decision to refer suspected violation of Article 49 of the Capital Market Law to the Public Prosecution, for participation in executing a series of actions and transactions that led to creating a false and misleading impression regarding the share price of Future Care Trading Co., during the period from August 4, 2022, to June 11, 2023.
This action comes as part of the authority’s responsibilities to protect citizens and investors from unfair or improper practices, and to work toward achieving fairness, efficiency, and transparency in securities transactions, the regulator said in a statement.
The General Secretariat of Committees for Resolution of Securities Disputes will announce to the public the identities of convicted violators on its website upon the issuance of final decisions by the committee, CMA added. The market regulator also noted that any person affected by these violations will be entitled to file a compensation claim, after conviction, against the violators before to the Committee for the Resolution of Securities Disputes, provided that such claim is preceded by a complaint filed to the CMA in this regard.
