The Capital Markets Board of Turkey (CMB) is the regulatory authority responsible for overseeing and regulating Turkey's capital markets to ensure their efficiency, transparency, and integrity. Established in 1981, it enforces laws, supervises market participants, and develops regulations to protect investors and foster economic growth. The CMB generates revenue through licensing fees, fines, and other regulatory charges while promoting fair practices in securities, derivatives, and investment funds. Its role is critical in maintaining market stability and aligning Turkey's financial markets with global standards.