The CMA is a government organization applying full financial, legal, and administrative independence, and has direct links with the Prime Minister.

CMA is the first government authority to receive accreditation in institutional structure maturity from the National Enterprises Architecture (NEA) of the e-Government Program Yesser.

[1] Unofficially started in the early fifties and operated under its own rules until the government set its basic regulations in the eighties.

The basic objectives are to create an appropriate investment environment, boost confidence, and reinforce transparency and disclosure standards in all listed companies, and moreover to protect the investors and dealers from illegal acts in the market.

The Saudi Capital Market Authority was established to achieve a set of objectives, of which the most important are developing an organized, fair, transparent financial market, and ensuring the protection of investors from irregular practices, which involving deceit, cheat, fraudulence, or manipulation.