CMA Urges All Investors to Take Informed Investment Decisions

In the interest of the safety of citizens’ and residents’ investments, the Capital Market Authority calls the public to invest their savings in safe and licensed investment channels, and to make reasonable and logical investment decisions away from decisions that are affected by emotions and temptations. The moves comes in view of CMA’s close follow up of the public turnout on investment opportunities in various fields, which reveals a real desire to expand their savings and a high level of awareness of the importance of investment, whether in areas related to  securities sector or other areas. .

Based on the CMA’s keenness to protect the funds of citizens and residents and to achieve the national interest, it continues its efforts to educate the public about financial frauds and false investment opportunities spreading on the Internet and direct meetings  including shuttle trade.

The CMA will launch, next week, an awareness campaign through its electronic outlets under the title “Beware of Fake Investment Opportunities” with the participation of a number of active social media platforms, with the aim of educating the public about the risks of bogus financial transactions, and emphasizing the need to take precautions and due diligence before embarking on any investment processes, and to ensure the investment outlets promoting such investment opportunities are legal

This effort stems from the complementary role of various civil and security government agencies in the Sultanate to warn from the perils of unregulated investments, which target the public through electronic and conventional means of communication.

The CMA provides the necessary capabilities to provide  the regulatory mechanisms that furnish for  the investors safe transactions in choosing the appropriate investment opportunities with the presence of licensed experts and specialists in providing financial advice through  the companies operating  in the field of securities, as they provides appropriate and real investment advice and options in the field of Securities, whether Omani securities listed on the Muscat Stock Exchange or foreign securities, and those interested can view the list of licensed companies on the CMA’s website or its smartphones application.

On the other hand, the CMA will  publishes the names of fictitious and unlicensed companies on its website and smartphone application, which are published on the website  of the International Organization  of Securities Commissions (IOSCO), and the list is updated regularly.

The CMA  is keen to warn the citizens and residents to ensure the safety of their funds from  illegal practices, including raising  capital from the  public without obtaining a license from the CMA  using public media for promotion , which is  an explicit violation of the Omani capital market law, as  offering securities  (shares, bonds, Sukuk, units  of investment funds and crowdfunding) is regulated to provide protection for investors to take informed investment decision

It is worth noting that the CMA has noted frequent fraudulent processes   as a result of promotional advertisements provided by some entities or individuals, which are usually advertisements that include promises of huge and attractive financial returns.  The public’s awareness is essential to raise the level of alert and attentiveness. CMA welcomes any inquires through social media platforms or its electronic services.