Tuesday, 24 June 2014

Ensure full disclosure in UAE stock market, Government told | GulfNews.com

Ensure full disclosure in UAE stock market, Government told | GulfNews.com:



"A member of the Federal National Council on Tuesday demanded that the Securities and Commodities Authority (SCA) apply more scrutiny to the market to eliminate illegal trades.



Ahmad Mohammad Al Shamsi, a member from Ajman, told the House that it was extremely crucial that all companies maintain the credibility needed to put the UAE on a firm footing to attract international investment.



“Small investors have suffered great losses recently as UAE-listed firms make sharp movements up and down the stock market for no apparent reason,” Al Shamsi said."



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