المعلومات والبيانات في نشرة إصدار الأسهم في السوق الموازية دراسة نظامية

Abstract

Information and data play a fundamental legal role in achieving justice, integrity and transparency in securities trading. The legal system of the financial market regulates the foundations and methods of collecting, using and publishing information and data related to listed joint stock companies to enhance the guarantee of investor protection. Disclosure is one of the essential pillars of financial market laws, and companies are legally required to disclose a variety of information and data periodically and regularly to ensure that all investors have access to such information at the same time, and to protect them from misleading, manipulation and fraud. The Financial Market Law, its implementing regulations, and the rules and instructions issued by the Board of the Saudi Capital Market Authority stipulate many strict legal provisions that specify and clarify the information and data that the issuer must disclose and include in the issuance prospectus. These provisions are distributed and scattered in many legal sources. This research is dedicated to clarifying and listing the most important information and data that must be legally available in a share issuance prospectus in the parallel market from these multiple sources.