The Capital Markets Authority of Kenya, also known as Capital Markets Authority (CMA) in short, is an independent government financial regulatory agency responsible for supervising, licensing, and monitoring the activities of market intermediaries, including the stock exchange, forex brokers, and the central depository and settlement system, and all the other persons licensed under the Capital Markets Act of Kenya.
The CMA provides regulation for the financial services sector by providing guidelines for asset allocation. In the Capital Markets Act, Cap 485A amended in 2013 guidelines for the number of funds to be invested in each class of assets i.e. equities, government bonds, and bills are given in ranges.
Capital markets are a category of markets that facilitate the buying and selling of securities with medium-term and long-term maturity. Instruments traded in capital markets include derivatives, treasury bills and bonds, corporate bonds, and commercial papers, among others.
Trade on the Go. Anywhere, Anytime
One of the world's largest forex brokers is ready for you. Enjoy competitive fees and dedicated customer support while trading securely. You'll also have access to their tools that make it easier than ever to view your trade history, copy trades, manage investments from other traders, view price charts, and make conversions with zero fees. Make an account for free and join millions of traders and investors on the global forex market.