Saudi CME-3B Practice Questions - CME-3B - Saudi Capital Market Rules And Regulations (Brokers) Exam

Under the CMA Market Conduct Regulations, which activity is a clear example of prohibited market manipulation?

Placing wash trades that create a false appearance of trading activity in a listed security Buying shares because of a published, audited annual report Selling shares to rebalance a portfolio toward a target allocation Disclosing a material development through a Tadawul announcement

Correct Answer:

Placing wash trades that create a false appearance of trading activity in a listed security

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