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Measures to prevent stock manipulation
Economical 05/22/2024
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Yesterday, Tuesday, the Securities Commission announced that it would work to protect investors’ rights to ensure transparency, while indicating measures to prevent...
Manipulating the rise of stocks.
The head of the authority, Faisal Al-Haims, told the Iraqi News Agency (INA): “The authority, over 20 years, has worked to protect the rights of investors, and this is the main reason for its existence,” indicating that “among what the authority provided was to monitor the Iraqi stock market so that it operates in a transparent manner before all Investors, and that there should be no preference over one investor over another with information that may lead to an increase
Stocks and investing in them.
He added, “The Authority is currently working on the Securities Commission law sent from the Council of Ministers to the House of Representatives, and the first reading has been completed and we are awaiting the enactment of the law,” pointing out that “Enacting the law has many benefits, including increasing the volume of foreign investment for companies, which will make there a greater flow of foreign investment in Iraq market
Securities.
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