CmaBoardReleases
Back to Search
Title: The Capital Markets Authority Announces Filing a Report with the Prosecutor General Regarding the Occurrence of a Crime
Date Publish
27 June 2024
The Capital Markets Authority announces filing a report with the Prosecutor General on 26/06/2024 regarding the occurrence of the crime stipulated under Article No. (125) of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, and Item (5) of Article (21) of Law No. 3 of 2006 Regarding Press and Publications, and as penalized by Article (6) of Law No. (63) of 2015 Regarding Combating Cybercrimes. On 11/06/2024, the defendant, through his account on the social media platform “X” (formerly Twitter), posted a tweet containing a false claim that the CMA had taken an action that it did not actually take, casting doubt on the integrity of the Capital Markets Authority’s procedures, which would place the CMA in a position of doubt and suspicion, negatively impacting its reputation as a regulatory body overseeing securities activities and is trusted by all market participants, , responsible for their protection. Such actions could undermine confidence in the country’s economic situation.
Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.
We use cookies to ensure you get the best experience on our website.