CMA licenses more players as it expands regulatory footprint

CMA CEO Wycliffe Shamiah

Capital Markets Authority (CMA) Chief Executive Officer Wycliffe Shamiah. 

Photo credit: File | Nation Media Group

The Capital Markets Authority (CMA) has licensed more players in the investment advisory and management field as a rise in retail investors attracts more firms seeking fees.

The regulator has licensed the new firms and sub-funds across asset management, investment advisory, real estate investment trust (REIT) management, coffee brokerage and digital intermediation.

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