The Capital Markets Authority (CMA) has issued a denial regarding a viral circular claiming it planned to revoke the licences of several investment schemes for offering misleadingly high returns.

• The CMA clarified that no decision has been made to revoke any licences and warned the public against misinformation.
• Key organization involved: Capital Markets Authority (CMA).
• The false notice had advised investors to withdraw funds from schemes allegedly offering 'abnormally high returns' inconsistent with market conditions.