| Release Date: | 1438-06-16 |
|---|---|
| Release Tool: | Councils and commissions decisions |
| Issuance Instrument Number: | 2017-28-1 |
| Validity: | Valid |
| Date of last amendment: | 1443-05-30 |
| Summary: | By AI The first chapter of the regulations addresses the provisions governing the sale of securities listed on margin in the Kingdom, including basic definitions and a reference to the Capital Market Law. It specifies the rules related to disclosure and record-keeping, as well as the authority's powers to suspend or prohibit sale transactions to protect investors. Article Five outlines the requirements for securities, stating that the short position must not exceed 10% of the free shares, with a daily... |