Oman’s stock market watchdog Capital Market Authority (CMA) has released a draft securities law, which is aimed at protecting the larger interest of investors, with a special treatment to retail investors. The draft law is now circulated among various stakeholders, including listed firms, brokerage firms, asset management companies, law and audit firms, to get their feedback before 7 February, 2017. The existing Capital Market Law, enacted in 1998 under challenging circumstances, is proposed to be replaced in parts with the new provisions. The new securities law is expected sometime next year, after incorporating suggestions and completing all necessary procedures. (Times of Oman)