ADSM, new rules for transparency
6th Sep 2005, 05:06 GMT
The Abu Dhabi Securities Market is introducing a range of new rules to ensure more transparency in share trading, according to Gulf News. It is drafting new rules for mutual funds and has proposed that a company prospectus be mandatory before any public offering of shares. Rules to regulate brokers are also being devised in a move to protect investors. [AMEInfo.com]