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RIYADH:Ten investors have been convicted of violating the Kingdom’s Capital Market Law and ordered to pay the government a total of $27.1 million in fines and compensation for losses, the Saudi Press Agency reported on Thursday. The Appeal Committee for R10 investors convicted for violating Saudi stock market rules
RIYADH:Ten investors have been convicted of violating the Kingdom’s Capital Market Law and ordered to pay the government a total of $27.1 million in fines and compensation for losses, the Saudi Press Agency reported on Thursday. The Appeal Committee for Resolution of Securities Disputes, or ACRSD, sentenced one of the individuals to imprisonment, the SPA report said. The “final decision” was issued by the ACRSD on Dec. 24, 2023. Read more











