Civil responsibility of financial intermediary in managing the investments of investors in the Bahraini financial markets, an analytical study

10.2478/bjlp-2022-002100

Abstract

The financial intermediary occupies an important position in that it is a professional person specialized in executing buy and sell orders for investors in the stock market, so his work was a means to move the money of investors in those markets, and stimulate and stimulate the national economy. The breach by the financial intermediary of its legal and contractual obligations has serious dimensions. Therefore, the civil responsibility for the financial activities carried out by the financial intermediary in managing the investors’ money will be discussed in general, especially with the inadequacy of the general rules regarding civil responsibility to protect them, as well as the general litigation. Absence of effective protection rules in the Bahrain Securities and Commodities Authority Law. In particular, discussing the issue of the insurance system is the responsibility of the financial intermediary as an effective means of achieving protection and creating investment security and confidence in the market, and that would attract investments and create economic and social stability.