June 11, 2010 – The Capital Market Authority (CMA) of Saudi Arabia recently became a member of the International Organization of Securities Commissions (IOSCO). According to IOSCO, which promotes high standards of regulation in order to maintain just and efficient markets, CMA has demonstrated its commitment to fulfill the Commissions’s “Objectives and Principles of Securities Regulation.” In addition, CMA’s regulatory regimes have allowed it to become signatories to Appendix A of the Multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information.