Last month, Finance Minister Alain Hakim accused some companies of price manipulation
in light of a global oil slump.
He added that energy price manipulation
was "totally unacceptable".
The ministry modified certain articles of the federal Consumer Protection Law in May by drafting tough penalties to prevent monopoly and price manipulation
, a senior government official told Gulf News.
This exemption targets the source of price manipulation
and ensures that the business practices of small family-owned processors are not affected by the law.
The President Saleh directed the new minister to trigger the work of the ministry to realize the stability in foodstuff provision, prevent price manipulation
and monopoly, monitor the specifications, standards and quality as well as activating the industrial areas.
Like others in the Gulf region, Saudi Arabia's stock exchange has been dogged by allegations that it lacks transparency and is vulnerable to price manipulation
In its latest set of proposed regulations following a sprawling Wall Street reform law, the CFTC sought to clear up some confusion about its traditional test for price manipulation
, an effort to improve on its dismal record of having won only one such case in its 36-year history.
In a drastic measure to stop share price manipulation
in the Colombo Stock Exchange (CSE) that took place in early August, SEC slapped two ad hoc directives -capping trade price increase at 10% and stopping the all the vital forward trading beyond one trading day.
Speaking to KUNA, al-Haroun said that the Ministry of Commerce is fully prepared for the upcoming Eid El-Fitr holidays and the new schooling year, indicating that it is working at maximum capacity for the elimination of price manipulation
Saudi Arabia's bourse regulator is probing 92 cases of suspected violations including price manipulation
and improper disclosure, the regulator's chief said in remarks published in the press.
Chairman Norio Yoshida on Tuesday to one year and four months in prison for stock price manipulation
The United States and Europe have disagreed with the idea claiming that such a group could endanger energy security and create room for price manipulation
. Russia will hold a ministerial meeting in November to discuss a charter for the forum.