CmaBoardReleases
Title: Resolution No. (76) of 2018 Regarding Amending Some Provisions of Chapter Five (Securities Subscription) of Module Eleven (Dealing in Securities) of the Executive Bylaws of Law No. (7) of 2010
Having Perused:
- Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments; and
- Resolution No. (72) of 2015 Regarding the Issuance of the Executive Bylaws of Law No. (7) of 2010 on the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments; and
- CMA Board of Commissioners Resolution passed in its meeting No. (17) of 2018 held on 31/05/2018;
The Following Was Resolved
Article (1)
Article (5-2) and Article (5-5) of Chapter Five ( Securities Subscription) of Module Eleven (Dealing in Securities) of the Executive Bylaws of Law No. (7) of 2010 are hereby amended as shown in the schedule attached to this Resolution.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and any contradicting resolutions shall be canceled, and it shall be published in the Official Gazette.
Dr. Faisal A. Al Fahad
Acting Chairman and Managing Director