الحماية القانونية للمستثمر في مرحلة الترويج لصناديق الاستثمار

Abstract

The significance of investment funds for attracting investments and generating returns for both the fund and the investor are undeniable. The promotion of an investment fund plays a critical role in capturing the attention of investors, making this stage particularly sensitive for the investor. This study addresses the legal protections afforded to investors during the promotion phase  under the regulations and decisions of the Securities and Commodities Authority in the UAE.

The study focuses on the adequacy of legislative protections for investors during this phase. It examines the regulatory measures established to prevent misleading practices, ensuring that investors are fully informed about the fund's details and associated risks. The research is divided into two main sections: the first explores the regulations concerning the promoting entity and its scope, while the second discusses the obligations of promoters toward investors.

The study concludes that legislators have implemented a range of measures to safeguard investors. These include restricting promotional activities to authorized entities, setting capital, structural requirements, and establishing disclosure and transparency obligations. However, the study recommends incorporating specific provisions tailored to the nature of the fund and its target investors, clearer regulations regarding promoters' obligations and the information shared with investors.