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CMA seeks to unlock liquidity with review of licensing rules

By Graham Kajilwa | Oct. 31, 2023

CMA Director, Policy and Market Development, Luke Ombara. [David Gichuru, Standard]

The Capital Markets Authority (CMA) anticipates unlocking liquidity in the market with the review of licensing rules for intermediaries even as it insists it will not interfere with the market by setting minimum prices.

CMA said it will be hands-off and let the market take its course, which appears to be a change of mind from earlier reports of plans to set floor prices in partnership with the Nairobi Securities Exchange (NSE).

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