Monday 19 July 2010

SCA plans raft of new rules for nation’s markets - The National Newspaper


The Emirates Securities and Commodities Authority (SCA) plans to introduce a set of rules by the end of the year aimed at tightening the regulation of financial markets.

The rules will cover trading on margins, market making and short selling.

“We’ll introduce it as a package to the market,” said Ibrahim al Zaabi, the deputy chief executive at SCA.

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